At its meeting on 20th September 2021, the Monetary Policy Committee (MPC) decided to raise the policy rate by 25 basis points to 7.25 percent. Raising rate means to decelerate GDP growth…
Category: Articles
Food inflation in Pakistan
Pakistan is the grip of growing inflation but the team from Assad Umar to ShaukatTareen has failed to grip it or to bring it down. Our currency is worth less and less…
The Taliban and Islamic laws in Afghanistan
Following the Taliban’s stunning takeover of the Afghan capital, Kabul, a pressing discussion has revolved around the new government’s legal system and, more specifically, how it will treat women.The Taliban has assured…
Afghan Economy Takes a Nosedive after Taliban Takeovercreating difficulties for Pakistan
The Afghan economy flourished for nearly two decades as international aid poured into the country. But after the Taliban takeover, Afghanistan faces a gathering economic storm complicated by a looming humanitarian crisis…
Cantonment Board Elections
While local government elections are nowhere in sight, it provides a modicum of relief to find that Cantonment Board elections are around the corner. Cantonment Boards have the power to approve taxes…
Afghanistan with its past, present and Future
Afghanistan is a landlocked country at the crossroads of Central and South Asia. It is bordered by Pakistan to the east and south, Iran to the west, Turkmenistan and Uzbekistan to the north, and Tajikistan and China to the northeast. Occupying 652,864 square kilometers (252,072 sq. mi), the country is…
3 years of PTI
The PTI government has completed three years of its mandated constitutional term, witnessing major changes in the east and west of Pakistan. In one line it can be said “Failure on all…
Islamic Economics and Finance Education (IEFE)
Islamic Economics and Finance Education (IEFE) has shown recent growth due to a resurgent interest in the development of an Islamic economic system in Muslim countries and consequent proliferation of Islamic banks,…
Atrocities and attacks on women in Pakistan
Recently Lahore police registered a case against hundreds of unidentified persons for assaulting and stealing from a female TikToker and her companions at the city’s Greater Iqbal Park on Pakistan’s Independence Day…
Forms of Islamic Finance
The most important element of Islamic economic society is the prohibition of interest. Synonymous terms are used such as Usury and Riba for Interest. All covers the meaning to load additional money…