A Pakistan’s First – APIthon is hosted with Huge Success

The event, spread over two days [ 13th January 2018 to 14th January 2018] offered developers the opportunity to take on board the APIs of Telenor Bank, Telenor Telecom and JS Bank – a first for Pakistan. There were approximately 25 teams from across Pakistan where over 200 startups applied from both India Pakistan being … Continue reading “A Pakistan’s First – APIthon is hosted with Huge Success”

Pakistan Experiencing a Rapid Growth in Mobile Wallets Adoption

In the year and a half since microfinance bank FINCA Microfinance Bank teamed up with Fintech company FINJA to launch SimSim, Pakistan’s first digital mobile wallet product in July 2017, several other companies have quickly followed. Pakistan is undergoing something of a Fintech revolution of late, with mobile and digital wallets playing a central role. … Continue reading “Pakistan Experiencing a Rapid Growth in Mobile Wallets Adoption”

Large Asian Investment Bank Planning to Enter in Pakistan

The Pakistan Banking Sector could see the introduction of Credit Lyonnais Securities Asia (CLSA) soon – The leading investment bank in Asia. The Chairman of CLSA met with the Federal Minister of Privatization, Daniyal Aziz, where they discussed close relations between the two countries.   CLSA are looking at the expansion of Pakistan in a … Continue reading “Large Asian Investment Bank Planning to Enter in Pakistan”

How to Streamline Your Monthly Financial Plan for 2018

Over the course of a year, our finances are often hit by many different things but streamlining your monthly financial plan for 2018 can help you to reap the rewards at the end of the year. The following sections illustrate how you can plan your personal finance budget for the year 2018:   Quarter 1 … Continue reading “How to Streamline Your Monthly Financial Plan for 2018”

Private Sector Lending Increased due to Low Mark-up Loans

The private sector in Pakistan has seen the number of new businesses grow thanks to an increase in the low-rate loans. The credit given to the private sector from the banks rose to Rs. 235 billion during the last six month of 2017 seeing the banking industry credit value soar by Rs. 115 billion according … Continue reading “Private Sector Lending Increased due to Low Mark-up Loans”

Everything You Need to Know about Allied Bank Visa Credit Card

The Allied Bank Visa Credit Card is designed to provide users with the freedom they need to spend in a responsible way. Whether they are looking to make a large purchase or use the card to cover their usual monthly spending, it can be relied on to deliver exactly what they need. At Mazazna.com, it … Continue reading “Everything You Need to Know about Allied Bank Visa Credit Card”

JazzCash Enables Bank Alfalah Users to move Funds to any CNIC

Customers will now be able to move funds and executing funds transfer to the CNIC of others using Bank Alfalah Internet Banking.   Throughout Pakistan, people will be able use the service which is called ‘Pay Anyone’ to retrieve funds on their CNIC that are sent from JazzCash agents – a maximum of PKR 50,000 … Continue reading “JazzCash Enables Bank Alfalah Users to move Funds to any CNIC”

Filing Your Annual Tax Returns Online in Pakistan

It is important to file your tax returns in order to stay the right side of the law but to also ensure that you pay your taxes to your country. However, many think that the process is laborious, difficult and believe that they are already paying it in some way or other. Despite this, completing … Continue reading “Filing Your Annual Tax Returns Online in Pakistan”

Why You Need a Family Travel Insurance Plan

Travelling and seeing the world is a great way to broaden your horizons and make memories, especially when you travel with family. You get the chance to make memories, you have fun and get the chance to relax, away from the hustle and bustle of your usual life. Travel has become more accessible than ever … Continue reading “Why You Need a Family Travel Insurance Plan”

Key Differences in Takaful and Conventional Insurance

Takaful is another name of Islamic Insurance that allows the premiums received from insured to be pooled into a fund to support each other in case someone gets any damage.  In Arabic, Takaful means “guaranteeing each other” and so, Takaful Insurance is an Islamic Insurance theory that is compliant with Islamic law (sharia) and is … Continue reading “Key Differences in Takaful and Conventional Insurance”