The interest rate on Naya Pakistan Certificates has been increased to 13.50% for a period of 5 years. Photo: File
Islamabad: The federal government has approved the change in the rate of interest on New Pakistan Islamic Certificates, under which there has been a general increase in the rate of interest on New Pakistan Islamic Certificates in different currencies.
The State Bank says that the Ministry of Finance has approved the revision of interest rates on New Pakistan Islamic Certificates in various currencies.
The rate of interest on New Pakistan Certificates in Pakistani currency has been increased from 9.50% to 15%, from 10% to 15.25% for 6 months, from 10.5% to 15.50% for one year, from 10.75% to 14% for three years and 14% for 5 years. The interest rate on New Pakistan Certificates has been increased to 13.50 percent.
In US dollars, the profit for 3 months was increased from 5.5% to 7%, for 6 months it was increased from 6% to 7.2%, for one year it was increased from 6.50% to 7.50%, for a period of 3 years it was increased from 6.75% to 8%, and for a period of 5 years it was increased from 7% to 8%. .
In British pounds, the yield for three months has been increased from 5.25 to 5.50 percent, for six months from 5.50 to 6 percent, for one year from 5.75 percent to 7 percent, for three years from 6.25 percent to 7.50 percent and for five years. The rate has been increased from 6.50 percent to 7.50 percent.
(function(d, s, id){
var js, fjs = d.getElementsByTagName(s)[0];
if (d.getElementById(id)) {return;}
js = d.createElement(s); js.id = id;
js.src = “//connect.facebook.net/en_US/sdk.js#xfbml=1&version=v2.3&appId=770767426360150”;
fjs.parentNode.insertBefore(js, fjs);
}(document, ‘script’, ‘facebook-jssdk’));
(function(d, s, id) {
var js, fjs = d.getElementsByTagName(s)[0];
if (d.getElementById(id)) return;
js = d.createElement(s); js.id = id;
js.src = “//connect.facebook.net/en_GB/sdk.js#xfbml=1&version=v2.7”;
fjs.parentNode.insertBefore(js, fjs);
}(document, ‘script’, ‘facebook-jssdk’));