Muhammad Arif Today we are living in a confused environment. Everything is looking moving towards segmentation. Government is claiming revival of economy with 5.3% GDP growth. This is the same trend where US and other countries are claiming to have moved towards somewhat growth. But on social side this means...
 As always happened in Pakistan the politics of clash and compromise is still on creating chaos. It has tarnished the perception about democracy and off and on debate starts that whether Pakistan can be governed through presidential or parliamentary form of government. It is always said that in politics you...
Poor people of Pakistan are highly confused at this moment. Both camps as their ruler are engulfed in targeting each other without speaking or showing ways for their relief. In this scenario Prime Minister Imran Khan has indicated some chance of arrival of a dawn in 2019 to resolve issues...
Former Member of IFSB on Islamic Money Market, Former Head of FSCD SBP, Former Head of Research ArifHabib Investments, Member visiting Faculty/ KASBIT/BIZTEK/Sheikh Zayed Institute University of Karachi/PAF KIET/MAJU Like other persons I entered in to Saudi Arabia on April 20 and left on May 17. Within stay I performed...
Pakistan is still under rhetoric’swith lot of expectations and speculations. Ruling PTI and establishment are looking to be on one page, whereas PML N and PPP are striving to create some space in the politics of Pakistan. Some recent developments are release of Nawaz Sharif with his daughter and son...
With new Government having Assad Umar as Finance Minister with Economic Advisor and member of Economic Advisory Committee based on the same persons (like Dr Ishrat, Syed Saleem Raza etc. etc.) that served Musharraf government causing economic crisis in 2005 and 2008 with flow of capital outside Pakistan are...
Pakistan’s economy is in shamble and the rupee has never been as weak as it is looking in the last Q of CY 2018 with inflation at surge now at 7%. The balance of trade is at its worse with the deficit exceeding $30 billion. Exports are dwindling, imports...
CY 2018 was anticipated by many circles as year of change. But for what, is not yet clear in the minds of common people. Now analyzing CY 2018 that what we got and what we lost we can move toward CY 2019 with expectations to get them materialized. CY 2018 Politics:- In...
While attending a meeting of Editors Club on crisis of Media in Pakistan on Nov 26, 2018, I was thinking that what the actual reasons of current crisis of media are in 2018. Some members put its onus on media itself and its division and some just added words...
Former Member of Task Force on Islamic Money Market IFSB, Former Head of FSCD SBP, Former Head of Research ArifHabib Investments, Member visiting Faculty KASBIT/BIZTEK/Sheikh Zayed Institute University of Karachi/PAF KIET/MAJU Islamic banking has emerged as a market phenomenon in 70’s era and then started spreading. It got pace in...
Budget for FY 2018 and thereafter interim budget of Assad Umar have arrived with new finance bill and new taxes just to nip the down troddens and saving elites. According to recently received Pakistan’s first-ever official report on multidimensional poverty four out of 10 Pakistanis are living in acute poverty...
It was March 2001. I telephoned to Research Centre of JS Bank from State Bank but it wrongly met with Mr. Sohail of that Centre. When he knew my name, he requested for a meeting. We met next day and there he proposed introduction of Karachi interbank Offered rate...
Former Member of IFSB on Islamic Money Market, Former Head of FSCD SBP, Former Head of Research Arif Habib Investments, Member visiting Faculty/ KASBIT/BIZTEK/Sheikh Zayed Institute University of Karachi/PAF KIET/MAJU There is a popular belief that Islamic finance or banking is for Muslims for their personal satisfaction and for getting...
Pakistan is in a confusing world now a days. Intelligentsia and anchors are writing and saying as far as their knowledge in concerned and on the basis of their likings and dislikings. No body of them is on track objectively. Their main focus is how to live and how...
Muhammad Arif Takaful Industry is growing rapidly around the world with 230 Takaful Companies, 13 Re-Takaful companies with the total volume of $11 Billion. Takaful was started in 2005 in Pakistan when Securities and Exchange Commission of Pakistan (SECP) introduced Takaful Rules 2005 according to which only full fledge takaful...
At times we forget the consequences of events once we move away from them. Today, our Financial markets are on recovery and the wounds of the 2008 global financial crisis have healed for active market participants but overall economic scenario is confused. If the governments and each of the regulators...
Imran Khan Government has completed its 100 days with lot of claims but it looks we are still standing at the fronts of uncertainties. On 30th Nov PM in his address highlighted his claims that look impressive. He stressed for job creation strategy for the youth with target of creating...
The State Bank of Pakistan in its 2018 reports have emphasized for broad-based and deep structural reforms in key areas of the economy to address longstanding structural issues, which are impeding investment, industrialization, trade, and resource mobilization. According to SBP reforms in any particular area of the economy may...
In a series of events, recently two messages have been conveyed to the people living in Nayya Pakistan. Sui Southern Gas Company (SSGP) and Sui Northern Gas Pipelines (SNGP) have increased gas prices by 186 per cent for the poorest categories of commercial and domestic users whereas rates for other...
Muhammad Arif (Chairman CAIF) UAE Islamic banking assets have risen to $141.5bn. UAE Central Bank official says UAE now holds about 7% of global Islamic banking assets. UAE Islamic Banking and Finance is distinct from other countries due to its tilt, towards new innovations, new ideas based on Islamic principles Saif Hadef...