Housing Project under Qarz e Hasna-The government of PTI has decided to provide houses to the people on easy installments. It will build 2.5 million houses in the first phase, and another…
How Accountability in Pakistan can be realized
Muhammad Arif Chairman Centre of Advisory Services for Islamic Banking and Finance (CAIF), Former Head of FSCD SBP, Former Head of Research Arif Habib Investments and Member IFSB Task Force for development…
How to control Fiscal and Current Account Deficits in Pakistan
With new Government having Assad Umar as Finance Minister with Economic Advisor and member of Economic Advisory Committee based on the same persons (like Dr Ishrat, Syed Saleem Raza etc. etc.) that…
Questions about Imran Khans government
Pakistan is still under rhetoric’swith lot of expectations and speculations. Ruling PTI and establishment are looking to be on one page, whereas PML N and PPP are striving to create some space…
How to improve Islamic Banking and Finance
For years, many Islamic banks have witnessed double-digit growth rates, surpassing their conventional peers. At first glance, all seems well for the Islamic banking industry. There is ample room for growth as…
6th September 1965, defining day for Pakistan to move forward
After 50 years, day of 6thSeptember has been celebrated in 2018, with zeal and full participation of people of Pakistan. The main event was organized at GHQ Rawalpindi with participation of PM…
India’s first Sharia-compliant P2P platform (Digital technology)
For the first time, Indians seeking vehicle financing have the option to do so in consonance with Sharia. In peer-to-peer (P2P) platform offered by Bengaluru-based fintech start-up ECW Consultants uses the ijara…
Islamic microfinance sets up sukuk on block chain (Digital technology)
An Islamic microfinance start-up has launched what is believed to be the world’s first smart sukuk issued on a block chain platform, which it hopes can channel greater liquidity to small- and…
Islamic banking & finance in GCC (2018)
Saudi Arabia’s Debt Management Office has begun issuing $925 million government bonds through a new ‘primary dealer’ scheme designed to increase demand for the debt and widen the range of investors holding…
Global report on Islamic finance
The World Bank Group and the Islamic Development Bank published the first Global Report on Islamic Finance, which details the prospects for the global Islamic finance industry and its potential to help…