Employees of Pakistan Railways will be able to get an interest-free loan for home construction ISLAMABAD: As a consequence of an agreement made between the Ministry of Railways and a microfinance organization, low-income Pakistan Railways personnel will now have access to interest-free loans for house building. Akhuwat Islamic Microfinance has engaged in a deal with the Ministry of Railways to provide...
LAHORE: The Islamic banking arm of HBL and Akhuwat have signed a Memorandum of Understanding (MoU) to implement a program that will provide Shariah-compliant home financing services to applicants identified by Akhuwat. The Memorandum of Understanding was signed in Lahore by the founder of Akhuwat, Dr. Amjad Saqib, and the head of HBL's Islamic banks, Muhammad Afaq Khan. Through this memorandum of...