Karachi, February 17, 2026 – The State Bank of Pakistan (SBP) on Tuesday announced that all banks will remain closed for public dealing on the first day of Ramadan 1447 A.H. for the purpose of Zakat deduction 2026.
(more…)Author: Faisal Shahnawaz
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Zimbabwe qualify for Super 8, Australia exit T20 World Cup 2026
Kandy, February 17, 2026 – Zimbabwe secured a historic qualification for the Super 8 stage of the ICC Men’s T20 World Cup 2026 after their crucial Group encounter against Ireland was abandoned due to persistent rain on Tuesday, a result that also confirmed Australia’s shock exit from the tournament.
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KSE-100 slides 1,304 points as volatility rattles market
Karachi, February 17, 2026 – The benchmark KSE-100 index of the Pakistan Stock Exchange (PSX) closed sharply lower on Tuesday, shedding 1,304 points amid a highly volatile trading session driven by sustained foreign selling and cautious investor sentiment.
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SBP releases daily interbank foreign exchange rates: February 17, 2026
Karachi, February 17, 2026 – The State Bank of Pakistan (SBP) on Tuesday released the official interbank foreign exchange rates to facilitate banks, businesses, importers, exporters, and the general public in making informed financial and commercial decisions.
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Expected Features of Locally Assembled Hyundai Palisade SUV in Pakistan: Booking Time Announced
In a major boost for Pakistan’s automotive sector, Hyundai Nishat Motors has officially confirmed plans to introduce the locally assembled Hyundai Palisade in the country.
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Haval H6 PHEV vs Chery Tiggo 9 PHEV: Battle of Two Chinese SUVs in Pakistan
Pakistan’s plug-in hybrid SUV segment is heating up with the arrival of the Chery Tiggo 9 PHEV, challenging the well-established Haval H6 PHEV.
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Nisab of Zakat 2026 Fixed at Rs503,529 for Bank Deductions
Karachi, February 17, 2026 — The Government of Pakistan has officially fixed the Nisab of Zakat for 2026 at Rs503,529, setting the minimum threshold for compulsory Zakat deduction by commercial banks.
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PSO declares over 100% net profit surge in 1HFY26
Karachi, February 17, 2026 — Pakistan State Oil (PSO) on Tuesday announced a remarkable financial performance for the first half of the ongoing fiscal year, posting more than 100% growth in net profit for the period July–December 2025 (1HFY26).
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Update on Nisab of Zakat 2026
Islamabad, February 17, 2026 — The Ministry of Poverty Alleviation and Social Safety on Tuesday issued an official statement regarding the determination and announcement of the Nisab of Zakat for the year 2026.
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Today’s Bitcoin Rates Against US Dollar — February 17, 2026
The price of Bitcoin (BTC) showed mild upward movement against the US dollar (USD) on Tuesday, reflecting cautious optimism among cryptocurrency investors amid volatile global market conditions.
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