Bank Alfalah at the GIFA 2024

Bank Alfalah received accolades for its contributions to Islamic banking at the Global Islamic Finance Awards (GIFA), including the Islamic Banker of the Year 2024 award and the Best Islamic Banking Window Operations Award 2024 under the GIFA Market Leadership Awards category, as per a press release.

Additionally, Bank Alfalah won the Best Islamic Banking Window Operations Award 2024, and the title of Islamic Banker of the Year 2024 was awarded to Dr Muhammad Imran, Group Head of Islamic Banking.

JLI’s net zero transition

Jubilee Life Insurance (JLI) has partnered with Spectreco to spearhead its transition to Net Zero, as per a press release.

At the core of this partnership lies Spectreco’s Net Zero Transition Sprint, comprising business case development, GHG emission reduction, and targeted sustainability messaging through the MessageCraft service.

The collaboration integrates tailored decarbonisation strategies, stakeholder engagement, and advanced sustainability practices, ensuring that JLI’s environmental impact is minimised while positioning the company as a pioneer in the insurance sector’s green transformation.

KPT celebrates world maritime day

Karachi Port Trust celebrated World Maritime Day on 26th September 2024 at Oil Pier-II, Oil Installation Area, Keamari, according to a press release. While addressing the media, Qaiser Ahmed Sheikh, Federal Minister of Maritime Affairs, affirmed that Pakistan as a maritime nation remains committed to working on the principles of the International Maritime Organization to develop and implement the highest safety standards, support green shipping to minimise the environmental impact of shipping on our precious marine living and non-living resources.

NBP launches Cash N Gold

National Bank of Pakistan introduces its latest service, “NBP Cash N Gold,” offering a seamless way for customers to obtain quick loans against their gold items, as per a press release.

With the promise of easy terms, minimal paperwork and competitive processing, NBP provides a hassle-free experience for those in need of immediate funds. Customers can borrow up to 70pc of their gold’s value, ensuring they meet their financial obligations without difficulty.

PAA elects new Chairman

The Pakistan Advertising Association (PAA) has elected Ahmed Kapadia, Chairman of Synergy Group as its elected Chairman for the new term (2024-2026), alongside

Ameer ul Azeem, Future Vision, as Sr. Vice Chairman, Zeeshan Khan, TNI Communications, as Vice Chairman, and Wasiq Ali Khan, Manhill Advertising, as Secretary Finance.

On this occasion, the outgoing chairman of the PAA, Syed Jawaid Iqbal (CMC Pvt. Ltd.), expressed confidence in Mr Kapadia’s leadership, stating that his highly competitive performance will ensure continued growth and progress for every advertising company across the nation.

SLIC receives accolade

The State Life Insurance Corporation of Pakistan has been recognised as the Best Life Insurance Company at the 2024 Global Banking & Finance Awards ® as per a press release.

Federal Minister of Commerce Jam Kamal Khan, praised this milestone, stating, “I congratulate State Life and its leadership for setting a benchmark in the insurance sector, making Pakistan a notable player in the global financial landscape.”

TDAP’s sustainability seminar

The Trade Development Authority of Pakistan (TDAP) organised the first of a series of seminars on “Sustainability in the Textile & Leather Industry of Pakistan” at the TDAP Headquarters, Karachi, according to a press release. With expert panelists, small and medium enterprises from the textile and leather sectors explored innovative approaches and challenges faced in the journey toward a greener Pakistan.

Published in Dawn, The Business and Finance Weekly, September 30th, 2024