2026-06-19 | IFPD Circular Letter No. 04 of 2026

Added

Shariah Compliant Solutions for Foreign Bill Discounting

The prescribed minimum limit of normal ready transactions referenced in IBD Circular Letter No. 01 of 2015 is now applicable at the bank level for all conventional banks having Islamic Banking Branches. This requirement takes immediate effect, while other existing instructions on the matter remain unchanged.

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Pakistan

State Bank of Pakistan

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