Islamic finance has the potential for further contributions in at least three dimensions. First, it promises to foster greater financial inclusion, especially of large underserved Muslim populations. Second, its emphasis on asset-backed…
Category: Weekly Islamic Pages
Future of Islamic Finance in the time to come
Islamic finance has emerged as an effective tool for financing development worldwide, including in non-Muslim countries. Major financial markets are discovering solid evidence that Islamic finance has already been mainstreamed within the global…
Islamic Liquidity Management and focus on Meezan Bank
It is official! The world has changed, and investors find themselves in a “new normal” also when it comes to money market investments. An advanced liquidity management is not just a necessity…
What does Islamic Finance focus on?
The core of Islamic finance is non-interest-bearing Islamic banks. Theories related to Islamic banks originated in Pakistan, which is a second largest Muslim country, and an important member of the Muslim world. Pakistan has participated…
Islamic Finance in Pakistan
Pakistan Stock Exchange (PSX) has won Global Islamic Finance Award 2021 for “Best Islamic Stock Exchange” for its outstanding achievements in the field of Islamic finance. GIFA is an international forum…
Islamic finance to grow as main markets recovers
The ratings agency forecast global issuance of Islamic bonds, or sukuk, to reach $140-155 billion this year, up from roughly $140 billion in 2020. — Global Islamic assets expanded by 10.6 per…
Sharia Compliant Retirement Planning
In the Case of Malaysia”, Science Publishing Corporation, 2018, Islamic Finance and Wealth Management proportion of ageing population across countries, along with the rising levels of living costs. Despite favorable demographic profiles…
Banking in Islamic Republic of Iran
Following the Iranian Revolution, Iran’s banking system was transformed to be run on an Islamic interest-free basis. As of 2010 there were seven large government-run commercial banks. As of March 2014, Iran’s…
Islamic Finance and Corona virus Epidemic
Within almost a decade, two major crises hit the world economy: the GFC (2008-2009) and the ongoing Global Covid-19 Crisis. Despite the severe economic and financial impact of both crises on the…
Islamic financial intuitions needs proper liquidity management Plans
Religion is an extremely personal experience, and believers have sought to live their lives in such a way that reflects their faith. One may see from various episodes from history that it…