{"id":64409,"date":"2020-04-22T11:09:56","date_gmt":"2020-04-22T06:09:56","guid":{"rendered":"https:\/\/www.zameen.com\/news\/?p=64409"},"modified":"2020-04-22T11:10:50","modified_gmt":"2020-04-22T06:10:50","slug":"hbl-islamic-banking-gets-on-board-with-nphda","status":"publish","type":"post","link":"https:\/\/www.zameen.com\/news\/hbl-islamic-banking-gets-on-board-with-nphda.html","title":{"rendered":"HBL Islamic Banking gets on board with NPHDA"},"content":{"rendered":"\n<p>Karachi: The Habib Bank Limited\u2019s (HBL) Islamic Banking initiative has joined forces with the Naya Pakistan Housing and Development Authority (NPHDA) to facilitate the provision of affordable housing in the country, according to news sources.<\/p>\n\n\n\n<p><strong>Read:<\/strong> <a href=\"https:\/\/www.zameen.com\/news\/nphda-bill-2019-sails-through-senate.html\" target=\"_blank\" rel=\"noreferrer noopener\" aria-label=\"NPHDA Bill 2019 sails through Senate (opens in a new tab)\">NPHDA Bill 2019 sails through Senate<\/a><\/p>\n\n\n\n<p>NAPHDA Chairman Lieutenant General Anwar Ali Hyder (r) and President and Chief Executive Officer (CEO) HBL Muhammad Aurangzeb have signed a memorandum of understanding (MoU) in this regard.<\/p>\n\n\n\n<p> <strong>Read:<\/strong> <a href=\"https:\/\/www.zameen.com\/news\/cda-auction-26-commercial-plots.html\" target=\"_blank\" rel=\"noreferrer noopener\" aria-label=\"CDA to auction \u2018New Blue Area\u2019 commercial plots, PKR 30bn revenue expected (opens in a new tab)\">CDA to auction \u2018New Blue Area\u2019 commercial plots, PKR 30bn revenue expected<\/a><\/p>\n\n\n\n<p>Under the newly signed MoU, the HBL Islamic Banking will provide consultancy services to NAPHDA regarding models and prevailing international best practises \u2013 whenever required. The MoU dictates that the HBL will also provide expertise to vet <a rel=\"noreferrer noopener\" aria-label=\"low-income housing schemes (opens in a new tab)\" href=\"https:\/\/www.zameen.com\/news\/sindh-minister-directs-officials-to-identify-land-for-affordable-housing-development.html\" target=\"_blank\">low-income housing schemes<\/a> that will best suit the existing project.<\/p>\n\n\n\n<p>Furthermore, the bank will also offer\nhigh-level assistance and recommendations that will translate in maximum return\nfor the project. Presently, Pakistan is facing a housing crisis with an\nestimated 10-12 million backlog of housing units.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Karachi: The Habib Bank Limited\u2019s (HBL) Islamic Banking initiative has joined forces with the Naya Pakistan Housing and Development Authority (NPHDA) to facilitate the provision of affordable housing in the country, according to news sources. Read: NPHDA Bill 2019 sails through Senate NAPHDA Chairman Lieutenant General Anwar Ali Hyder (r) and President and Chief Executive Officer (CEO) HBL Muhammad Aurangzeb have signed a memorandum of understanding (MoU) in this regard. Read: CDA to auction \u2018New Blue Area\u2019 commercial plots, PKR 30bn revenue expected Under the newly signed MoU, the HBL Islamic Banking will provide consultancy services to NAPHDA regarding models and prevailing international best practises \u2013 whenever required. The MoU dictates that the HBL will also provide expertise to vet low-income housing schemes that will best suit the existing project. Furthermore, the bank will also offer high-level assistance and recommendations that will translate in maximum return for the project. Presently, Pakistan is facing a housing crisis with an estimated 10-12 million backlog of housing units.<\/p>\n","protected":false},"author":75,"featured_media":59942,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[15013],"tags":[26901,21515],"persona":[],"class_list":{"0":"post-64409","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-construction","8":"tag-hbl-islamic-banking-gets-on-board-with-nphda","9":"tag-naya-pakistan-housing-and-development-authority-naphda","10":"cat-15013-id"},"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>HBL Islamic Banking gets on board with NPHDA - Zameen News<\/title>\n<meta name=\"description\" content=\"HBL Islamic Banking initiative has joined forces with Naya Pakistan Housing and Development Authority (NPHDA) to provide affordable housing in the country\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.zameen.com\/news\/hbl-islamic-banking-gets-on-board-with-nphda.html\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"HBL Islamic Banking gets on board with NPHDA - Zameen News\" \/>\n<meta property=\"og:description\" content=\"HBL Islamic Banking initiative has joined forces with Naya Pakistan Housing and Development Authority (NPHDA) to provide affordable housing in the country\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.zameen.com\/news\/hbl-islamic-banking-gets-on-board-with-nphda.html\" \/>\n<meta property=\"og:site_name\" content=\"Pakistan Real Estate News &amp; 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