Mawazna.com Partners with Jubilee General Insurance in Pakistan

In recent months, and due to the growth of Mawazna.com, we are now pleased to announce that we have formed a partnership with Jubilee General Insurance. At Mawzna.com we believe in forming healthy relationships with leading Insurance providers in Pakistan to provide people with access to the very best in insurance cover. Through building a … Continue reading “Mawazna.com Partners with Jubilee General Insurance in Pakistan”

All You Need to Know about Silk Bank Credit Cards

Silk Bank is a private bank located in Pakistan that is continuing to grow. It offers traditional banking services along with Shariah-compliant Islamic banking that is known the Emaan Brand (Emaan Islamic Banking). The service offered by Silk Bank reaches across the whole of Pakistan while their services include bank account, loans and credit cards … Continue reading “All You Need to Know about Silk Bank Credit Cards”

InsurTech and its Evolving role in Pakistan’s Insurance Industry

It may come as a surprise but insurance is genuinely one of the world’s oldest business models. The first historical record of something very similar to the modern insurance model of commercially distributing risk dates from 1750 BCE. Merchant ships setting sail from Mesopatamia, an ancient civilisation located around the Tigris and Euphrates rivers (covering … Continue reading “InsurTech and its Evolving role in Pakistan’s Insurance Industry”

U Bank Receives Rs. 1 Billion Capital Funding from PTCL

U Bank is a a growing microfinance bank in Pakistan providing deposit, lending and domestic remittance services through its UPaisa paymnet service. The microfiance bank is an fully owned subsidary of Pakistan Telecommunication Company Limited (PTCL). PTCL has injected an extra PKR 1 Billion into U Bank recently. The bank will be able to take … Continue reading “U Bank Receives Rs. 1 Billion Capital Funding from PTCL”

Why Comparing Car Insurance Rates in Pakistan?

Have you ever stopped to think about how to get best car insurance rates in Pakistan? It is a legal requirement to have car insurance in Pakistan and so, you have to make sure that you put the right level of cover in place. Whether you require comprehensive insurance or third party insurance is purely … Continue reading “Why Comparing Car Insurance Rates in Pakistan?”

Pakistan Online Payments – Three New Players Arriving

Pakistan’s financial market is going to have three new arrivals in FonePay, Monet and TPL Rupya which could result in an increase in the businesss-to-consumer e-Commerce. This has been highlighted by country’s central bank State Bank of Pakistan (SBP).   A rise in incomes and advanced changes in the technology used in communication coupled with … Continue reading “Pakistan Online Payments – Three New Players Arriving”

Should You Plan to Save or Invest Money in 2018?

The majority of people will keep their cash in a savings account because they might think that it is their only option or they could be afraid to invest. We are now in 2018 that brings a lot of planned developments in Pakistan. The economy is set to grow in 2018 with more projects such … Continue reading “Should You Plan to Save or Invest Money in 2018?”

Embracing Fintech will Help Islamic Finance in Pakistan

In a 2017 article for Forbes, Harris Irfan, author of ‘Heaven’s Bankers: Inside the Hidden World of Islamic Finance’ describes money as it is understood within the context of Islamic Finance as follows:   “Money is to be treated as a medium of exchange and not a commodity to be traded. In theory this means … Continue reading “Embracing Fintech will Help Islamic Finance in Pakistan”

Zong 4G Launches IoT based Smart Car Solution

The Zong 4G Smart Car solution was released by Zong 4G, bringing the New Year in with style. This new path into another digital world has been realised by Zong 4G Smart Car Solution. It comes with three different features and all are accessible using an on-board diagnostic OBD-II device ( ZONG Smart Car On … Continue reading “Zong 4G Launches IoT based Smart Car Solution”

NBP and Bank of China Signs MOU to strengthen Banking Services in Pakistan

The National Bank of Pakistan (NBP) and Bank of China, Pakistan Operations (BOCP) have take a Step together to enhance banking services within Pakistan resulting from signing a memorandum of understanding (MOU). The aim is to bring the two institutions closer together, forming a bond that will improve the banking services in Pakistan.   The … Continue reading “NBP and Bank of China Signs MOU to strengthen Banking Services in Pakistan”