PMEX FACILITATES FIRST ELECTRONIC MURABAHA TRANSACTION FOR BANK ALFALAH

February 20, 2018 – Karachi: Pakistan Mercantile Exchange Limited (PMEX), country’s only multi-commodity futures exchange, facilitated the electronic Murabaha transaction between Bank Alfalah and Meezan Bank on PMEX Shariah Compliant Trading platform (SCTP). Mr. G. M. Abbasi, Director, Islamic Banking, State Bank of Pakistan, Mr. Nauman Ansari, President & CEO, Bank Alfalah, Mr. Ejaz Ali Shah, Managing Director, PMEX and Syed Ali Sultan, Group Head, Treasury, Capital Markets & Financial Institutions, Bank Alfalah were present at the occasion.