Time and again in the history of Pakistan violence has erupted by using the name of Islam. Recent instance is of Khadim Husain Rizvi who created law and order situation after verdict of…
Category: Articles
Areas and Solutions for Pakistan Economic Problems
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…
System of Taxation in Pakistan targeting only people with no Bread and Shelter
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…
How Accountability in Pakistan can be realized
Muhammad Arif Chairman Centre of Advisory Services for Islamic Banking and Finance (CAIF), Former Head of FSCD SBP, Former Head of Research Arif Habib Investments and Member IFSB Task Force for development…
How to control Fiscal and Current Account Deficits in Pakistan
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…
Questions about Imran Khans government
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…
World of KIBOR and Islamic banking
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…
Islamic banking and finance in UAE
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…
Pakistan at brink of change in 2017-18
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…
Challenges to Islamic Banking Business
The Islamic financial law has long history but Islamicbanking and finance industry came into existence with profit and loss sharing investment byEgypt’s Mit Ghamr Saving Banks in 1963. After official existence Islamic…