Aug
7
Money & Banking
SBP launches Islamic working capital financing for small, medium enterprises
KARACHI: State Bank of Pakistan (SBP) on Wednesday launched Islamic Working Capital Financing (IWCF) for small enterprises and low-end medium enterprises. The central bank said that “Refinance Scheme for Working Capital financing of Small Enterprises and Low-End Medium Enterprises” was available through IH&SMEFD Circular No. 09 of 2017. However, Shariah compliant alternative of this scheme […]