Muhammad Umer - Connected Pakistan

Pakistan's crypto regulator, PVARA, is developing a dual framework that assesses digital assets from both regulatory and Shariah perspectives. After a June 2026 fatwa declared crypto purchases impermissible, PVARA chairman Bilal bin Saqib met scholar Mufti Taqi Usmani, arguing that different digital assets need separate technical and religious evaluation rather than one blanket ruling.

Muse Spark 1.1 is a multimodal reasoning AI model released by Meta Superintelligence Labs on July 9, 2026. Built for agentic tasks like coding and computer use, it features a 1 million-token context window and launched via the new Meta Model API at around $4.25 per million output tokens, roughly a quarter of rival prices.

Mufti Muhammad Taqi Usmani, a leading Islamic scholar and president of Darul Uloom Karachi, issued a fatwa in June 2026 declaring cryptocurrency trading impermissible under Shariah. The ruling argues that crypto, tokens, and stablecoins like USDT do not qualify as "maal" (wealth) in Islamic law. It is a religious opinion, not a state law.

On July 8, 2026, Apple announced a multiyear agreement with Broadcom exceeding $30 billion to produce over 15 billion US-made chips through at least 2031. It is Apple's largest commitment under its American Manufacturing Program, includes a $1.5 billion expansion of Broadcom's Fort Collins, Colorado facility, and is part of Apple's $600 billion US investment.

Pakistan's National Data Governance Policy 2026 declares government data a strategic national asset and requires sensitive government and personal data to be hosted and processed within Pakistan. Offshore processing needs prior approval and safeguards. The Pakistan Digital Authority will oversee implementation, aiming to strengthen data sovereignty, privacy, and citizens' digital rights.

Pakistan's call centre and BPO export earnings crossed $300 million in FY2025-26, reaching $322 million from July to May, a 19% year-on-year rise. According to the State Bank of Pakistan, growth is largely driven by AI-powered customer support tools that improve efficiency, cut costs, and enable round-the-clock multilingual service for global clients.