---
title: "SBP cancels Al-Rahim Exchange Company's licence"
description: "Most outlets reported that the State Bank of Pakistan (SBP) revoked the licence of Al-Rahim Exchange Company with immediate effect. Pakistan Observer did not specify the reason for the cancellation, while Business Recorder explicitly stated that the action was taken due to \"serious violations of the central bank’s regulatory instructions.\""
url: https://harzaviya.com/stories/3627-sbp-cancels-al-rahim-exchange-company-s-licence-over
site: HarZaviya
language: en
---

# SBP cancels Al-Rahim Exchange Company's licence

business · latest filing 18 Aug 2026, 7:44 AM PKT · 17–18 Aug 2026 · 5 articles from 4 outlets

**HarZaviya summary** — how 4 outlets covered this, generated automatically from their headlines and excerpts:

> Most outlets reported that the State Bank of Pakistan (SBP) revoked the licence of Al-Rahim Exchange Company with immediate effect. Pakistan Observer did not specify the reason for the cancellation, while Business Recorder explicitly stated that the action was taken due to "serious violations of the central bank’s regulatory instructions."

## Same story from 4 outlets

Each outlet's own headline, most recent first — read any at its source.

- **Dawn** — [SBP cancels exchange firm’s licence over violations of regulatory instructions](https://www.dawn.com/news/2023625/sbp-cancels-exchange-firms-licence-over-violations-of-regulatory-instructions) · 18 Aug 2026, 7:44 AM PKT
  > https://www.dawn.com/news/2023577
- **Business Recorder** — [SBP cancels licence of exchange company](https://www.brecorder.com/news/40435252/sbp-cancels-licence-of-exchange-company) · 18 Aug 2026, 5:12 AM PKT · 80% identical wording to the newest filing
  > KARACHI: The State Bank of Pakistan (SBP) has cancelled the authorization/license of M/s Al-Rahim Exchange Company (Pvt) Limited with immediate effect due to serious violations of SBP’s regulatory instructions. Consequently, Al-Rahim Exchange Company, including its Head Office and all constituent branches, is hereby prohibited from undertaking any foreign exchange-related business activities in...
- **ProPakistani** — [SBP Bans Another Exchange Company in Pakistan](https://propakistani.pk/2026/08/17/sbp-bans-another-exchange-company-in-pakistan/) · 17 Aug 2026, 7:25 PM PKT · 75% identical wording to the newest filing
  > The State Bank of Pakistan (SBP) has canceled the authorization and license of Al Rahim Exchange Company (Pvt.) Limited with… Read More The post SBP Bans Another Exchange Company in Pakistan appeared first on ProPakistani.
- **Pakistan Observer** — [SBP Cancels Al-Rahim Exchange Company’s Licence](https://pakobserver.net/sbp-cancels-al-rahim-exchange-companys-licence/) · 17 Aug 2026, 6:35 PM PKT · 76% identical wording to the newest filing
  > The State Bank of Pakistan (SBP) has immediately revoked the authorization of M/s Al-Rahim Exchange Company (Pvt.) Limited. According to…

5 articles from 4 outlets, 17–18 Aug 2026. Headlines and links belong to their outlets — HarZaviya links out and never copies article text.

---

HarZaviya compares how Pakistani outlets cover the same story. It stores and shows each outlet's headline and a short excerpt, and links out — it never copies article text, and every headline belongs to the outlet that wrote it. It takes no stance on any outlet.

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