Islamic Banking and Employment Islamic finance operates through the fundamental laws of Sharıah that pertains to the principles laid down in Holy Quran and the Sunnah of the holy Prophet (PBUH). The…
Category: Publications
Islamic Banking & Finance Page 18-10-2019
Financial Risks in Islamic Banking Business In practice, Islamic financial institutions follow fiqh al-muʻamalāt (Islamic commercial jurisprudence) which, among other things, incorporates a number of commercial contracts which provide methods of…
Islamic Banking & Finance Page 11-10-2019
How Monetary Policy can be formulated for Islamic Finance and Banking Monetary policy is the policy adopted by the monetary authority of a country that controls either the interest rate payable on very short-term borrowing or the money supply,…
Islamic Banking & Finance Page 04-10-2019
Issues and modalities of Murhabah Murabaḥah was originally a term of fiqh (Islamic jurisprudence) means for a sales contract where the buyer and seller agree on the markup (profit) or “cost-plus” price for the item(s) being…
Islamic Banking & Finance Page 27-09-2019
Education on Islamic Economics, Banking and Finance In Pakistan Islamic banking industry consist of 22 Islamic banking institutions; 5 full-fledged Islamic banks (IBs) and 17 conventional banks having standalone Islamic banking branches…
Economy of Pakistan with no direction
As anticipated State Bank of Pakistan (SBP) held its main policy rate at 13.25 per cent on 16th September monetary policy decision taking a pause from a series of hikes as expectations…
Islamic Banking & Finance Page 20-09-2019
Islamic Banking in Pakistan as of June 2019 Market share of Islamic banking assets in the overall banking industry by the end of last fiscal year rose to 14.4 per cent…
Islamic Banking & Finance Page 13-09-2019
What are important for Prudential and Structural Islamic Indicators and how they need to be maintained and monitored internationally by IMF and IFSB and country wise by their Central Banks First…
Islamic Banking & Finance Page 06-09-2019
What can be the benchmark rates for Islamic banks and Islamic financial Market The State Bank of Pakistan (SBP) has recently issued guidelines for the Modaraba-based Islamic refinance scheme for the working…
What Pakistan Looks Like in 2019
Money Market, Former Member of Access to Justice Fund Supreme Court of Pakistan Winston Churchill, the UK Prime Minister during Second World War, once went to a mental hospital for a visit….