Islamic banking can boost financial inclusion KARACHI: Deputy Governor State Bank of Pakistan (SBP) Seema Kamil on Thursday said the Islamic banking industry held significant potential to improve access to financial services…
Foreign investment decreased by 30 percent
KARACHI: Foreign direct investment (FDI) fell by 30 per cent within the half of the present financial year , reflecting the impact of Covid-19 that’s still affecting the country also as global economies. The State Bank’s latest data issued on Monday showed…
Islamic Banking Page 22 January 2021
History of Islamic Banking in Pakistan Steps for Islamization of banking and economic system of Pakistan were started in 1977-78. Pakistan was among the three countries within the world that had been…
Pension Schemes in Pakistan under question
The idea of this article came in my mind on treatment of retirees by State Bank of Pakistan which holds a good reputation in this regard. According to SBP in its first…
Islamic Banking Page15th January 2021
With cold winds blowing in the month of January, a 7-year old child was sitting outside my house playing with something. He was looking unaware of the intensity of the coolness. On…
Islamic Banking Page 8th January 2021
Financial Stability and Risk Management in Islamic Financial Institutions While various reports suggest slightly different figures on the size of the Islamic finance industry as a whole, it is believed that the…
Shortfalls of PTI government
It is better to bring shortfalls of PTI government within its 2 and half years tenure so as to give them some chance to correct them. First of all 2020 pandemic did…
Political and Economic scenario in 2021
Last sunset of 2020 has taken place and sun of 2021 is now shining on the sky. Politically and economically, the year of 2020 has gone worst for the politics and economy…
Islamic Banking Page IST January 2021
Global Islamic Finance industry in 2021 We expect the Islamic finance industry to show low-to-mid-single-digit growth in 2020-2021 after 11.4% in 2019 following strong sukuk market performance. COVID-19 offers an opportunity for…
Islamic Banking Page 25th December 2020
Economic System under Hazat Umar (R.A) Hazrat Umar (RU) the second caliph after Hazrat Muhammad (PBU) was born 13 years after the events of the elephant. He was converted to Islam in…