Dear Farhan Shah,
You are right, Panentheism differs from Pantheism. However, it has some elements of Pantheism.
A quote from GotQuestions.org:
"Panentheism is essentially a combination of theism (God is the supreme being) and pantheism (God is everything). While pantheism says that God and the universe are coextensive, panentheism claims that God is greater than the universe and that the universe is contained within God.
Panentheism holds that God is the “supreme effect” of the universe. God is everything in the universe, but God also is greater than the universe. Events and changes in the universe affect and change God. As the universe grows and learns, God also increases in knowledge and being."
Dear brother, these two links may be interesting on the subject:
- God, Time and Space: