{"id":26033,"date":"2025-03-05T08:28:08","date_gmt":"2025-03-05T08:28:08","guid":{"rendered":"https:\/\/theasiantelegraph.global\/?p=26033"},"modified":"2025-03-05T08:28:09","modified_gmt":"2025-03-05T08:28:09","slug":"kmbl-taken-a-significant-step-toward-expanding-islamic-banking-offerings","status":"publish","type":"post","link":"https:\/\/theasiantelegraph.global\/?p=26033","title":{"rendered":"KMBL taken a significant step toward expanding Islamic banking offerings"},"content":{"rendered":"\n<figure class=\"wp-block-image size-full\"><img fetchpriority=\"high\" decoding=\"async\" width=\"953\" height=\"610\" src=\"https:\/\/theasiantelegraph.global\/wp-content\/uploads\/2025\/03\/IMG-20250304-WA0042.jpg\" alt=\"\" class=\"wp-image-26034\" srcset=\"https:\/\/theasiantelegraph.global\/wp-content\/uploads\/2025\/03\/IMG-20250304-WA0042.jpg 953w, https:\/\/theasiantelegraph.global\/wp-content\/uploads\/2025\/03\/IMG-20250304-WA0042-300x192.jpg 300w, https:\/\/theasiantelegraph.global\/wp-content\/uploads\/2025\/03\/IMG-20250304-WA0042-768x492.jpg 768w\" sizes=\"(max-width: 953px) 100vw, 953px\" \/><\/figure>\n\n\n\n<p>Khushhali Microfinance Bank Limited Partners with Qazi Shariah Consultancy to Strengthen Commitment to Islamic Banking<\/p>\n\n\n\n<p>Islamabad, Khushhali Microfinance Bank Limited (KMBL) has taken a significant step toward expanding its Islamic banking offerings by collaborating with Qazi Shariah Consultancy. This strategic partnership is aligned with the State Bank of Pakistan\u2019s Vision 2028, which aims to facilitate the transition of conventional banks into Shariah-compliant financial institutions, in line with the Federal Shariat Court&#8217;s decision.<\/p>\n\n\n\n<p>With the SBP\u2019s guidelines setting the framework for a robust Islamic banking system, KMBL is proactively embracing Shariah-compliant financial solutions to cater to a growing demand for ethical and riba-free banking services. Through this collaboration, KMBL will benefit from Qazi Shariah Consultancy\u2019s extensive expertise in Islamic finance, ensuring that its products and services align with Islamic banking principles.<br>The official signing ceremony was attended by key executives from both organizations, including Aameer Karachiwalla \u2013 President &amp; Chief Executive Officer, KMBL, Muhammad Aftab Alam \u2013 Chief Business Officer, KMBL, and Maazullah Khan \u2013 Consultant, Qazi Shariah Consultancy.<\/p>\n\n\n\n<p>Speaking on the occasion, Aameer Karachiwalla, CEO of KMBL, emphasized the significance of this partnership, &#8220;As part of our commitment to financial inclusion and ethical banking, KMBL is proud to join hands with Qazi Shariah Consultancy. This partnership marks a milestone in our journey toward offering fully Shariah-compliant financial solutions, in line with the State Bank of Pakistan\u2019s vision for the industry. We are dedicated to ensuring that our customers have access to innovative, riba-free banking services that meet their financial needs while adhering to Islamic principles.&#8221;<\/p>\n\n\n\n<p>Through this collaboration, KMBL aims to develop and expand its Islamic banking portfolio, ensuring compliance with Shariah governance while enhancing financial accessibility for individuals and businesses seeking ethical banking solutions.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Khushhali Microfinance Bank Limited Partners with Qazi Shariah Consultancy to Strengthen Commitment to Islamic Banking Islamabad, Khushhali Microfinance Bank Limited (KMBL) has taken a significant step toward expanding its Islamic&hellip; <\/p>\n","protected":false},"author":8,"featured_media":26034,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[625],"class_list":["post-26033","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-national","tag-khushhali-microfinance-bank"],"_links":{"self":[{"href":"https:\/\/theasiantelegraph.global\/index.php?rest_route=\/wp\/v2\/posts\/26033","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/theasiantelegraph.global\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/theasiantelegraph.global\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/theasiantelegraph.global\/index.php?rest_route=\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/theasiantelegraph.global\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=26033"}],"version-history":[{"count":1,"href":"https:\/\/theasiantelegraph.global\/index.php?rest_route=\/wp\/v2\/posts\/26033\/revisions"}],"predecessor-version":[{"id":26035,"href":"https:\/\/theasiantelegraph.global\/index.php?rest_route=\/wp\/v2\/posts\/26033\/revisions\/26035"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/theasiantelegraph.global\/index.php?rest_route=\/wp\/v2\/media\/26034"}],"wp:attachment":[{"href":"https:\/\/theasiantelegraph.global\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=26033"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/theasiantelegraph.global\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=26033"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/theasiantelegraph.global\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=26033"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}