Islamic Insurance (Takaful) on its way Manzar Naqvi Presently Malaysia, Saudi Arabia and the nations of the Gulf Cooperation Council (GCC) are the countries where Takaful has the greatest prevalence. As of late, its…
People of Pakistan Still in Freezer
Finance Minister Assad Umar has delivered his second budget speech on 23rd January 2019 in the National Assembly Withdrawing critical taxes on capital market and ban on purchase of vehicles by non-filers…
Islamic Banking & Finance Page 25-1-2019
Home Financing in Islamic Finance Muhammad Arif Islamic banking practitioners (with the help of Islamic scholars) have utilized a number of instruments that are acceptable within Shari’a to offer Islamic home…
Living with Two Legends
Muhammad Arif : Month of January in Pakistan is always remembered for two persons who were born in January. They are Zulfiqar Ali Bhutto and Abdul Sattar Edhi. I have the opportunity…
Islamic Banking & Finance Page 18th January 2019
Defining Riba-Historical perspective Muhammad Arif A debate is still going on about defining riba. Though it is banned in all its forms but to define it in the current economic scenario where…
How to end politics of compromises in Pakistan
As always happened in Pakistan the politics of clash and compromise is still on creating chaos. It has tarnished the perception about democracy and off and on debate starts that whether Pakistan…
Islamic Banking & Finance Page 11-01-2019
Liquidity Issues of Islamic Banks in Pakistan Muhammad Arif Shariah-compliant banks in Pakistan, the world’s second most populous Muslim nation, hold only 13.6 % of total banking assets in Sept 2018. That…
Corruption as Main issue of Pakistan in 2019
Campaign against corruption is looking like the main issue in 2019 like 2nd half of 2018. But still this campaign has not given any result in real terms. To some people it…
Islamic Banking & Finance Page 04th January 2019
Islamic Products are required for National Savings Schemes in Pakistan Muhammad Arif While the Islamic Banking industry in Pakistan has been growing at a pace ever since its re-launch in 2002, but…
Year of 2018 with Oncoming Year for Pakistan i.e. 2019
CY 2018 was anticipated by many circles as year of change. But for what, is not yet clear in the minds of common people. Now analyzing CY 2018 that what we got…