Most of the Islamic Banks operate on Bai- Murabaha, Bai Muazzal, Bai- Salam, Istisna, Hire Purchase/ Leasing mode of Investment i.e. Islamic Banks always prefer to run on markup/ guaranteed profit basis…
Use of credit cards in Islamic banking
The credit card payment value in USA grew to $3.16 trillion in 2015/16 from $2.55 trillion in 2012 at a rate of 7.4% per annum, and this growth rate is found to…
How inflation can be controlled by using Islamic financial products
This empirical study (Empirical studies are the collection and analysis of primary data based on direct observation or experiences in the ‘field’) provides several important findings, first, based on Granger causality test,…
World of KIBOR and Islamic banking
It was March 2001. I telephoned to Research Centre of JS Bank from State Bank but it wrongly met with Mr. Sohail of that Centre. When he knew my name, he requested…
Islamic banking and finance in UAE
Muhammad Arif (Chairman CAIF) UAE Islamic banking assets have risen to $141.5bn. UAE Central Bank official says UAE now holds about 7% of global Islamic banking assets. UAE Islamic Banking and Finance…
Pakistan at brink of change in 2017-18
Muhammad Arif Today we are living in a confused environment. Everything is looking moving towards segmentation. Government is claiming revival of economy with 5.3% GDP growth. This is the same trend where…
Surah AL-WAQI’AH and others
WHAT QURAN SAYS (Surah AL-WAQI’AH (THE INEVITABLE) AL-HADID (THE IRON) AL-MUJADILA (THE PLEADING WOMAN) AL-HASHR (THE EXILE) AL-MUMTAHANAH (SHE THAT IS TO BE EXAMINED) AS-SAF (THE RANKS) AL-JUMU’AH (THE CONGREGATION, FRIDAY) AL-MUNAFIQUN (THE HYPOCRITES) AT-AT-TAGHABUN (THE MUTUAL DISILLUSION) AT-TALAQ (THE DIVORCE) Muhammad Arif Chairman Centre of…
Surah Muhammad,Al-Hujuraat,Qaf,Adh-Dhariyat,At-Tur,An-Najm,Al Qamar,Ar-Rahman
WHAT QURAN SAYS (SurahMuhammad, Al-Fath (The Victory),, Al-Hujuraat (The Dwellings),Qaf,Adh-Dhariyat (The Winds that Scatter), At-Tur (The Mount) An-Najm (The Star),Al Qamar (The Moon),Ar-Rahman (The Most Gracious) Muhammad Arif Chairman Centre of Advisory…
SurahFussilat,Ash-Shurah,Az-Zukhruf,Ad-Dukhan,Al-Jathiyah,Al-Ahqaf
What Quran Says (SurahFussilat (Explained in detail)Surah Ash-Shurah (The Consultation)Az-Zukhruf (The Gold Adornments)Ad-Dukhan(The Smoke),Al-Jathiyah (The Kneeling),Al-Ahqaf(The Curved Sand-hills)) Muhammad Arif Chairman Centre of Advisory Services for Islamic Banking and Finance (CAIF),Former Member…
Surah As-Saffat,Sad,Az-Zumar,Ghafir
What Quran Says (Surah As-Saffat,Sad,Az-Zumar,Ghafir) Muhammad Arif Former Member of IFSB on Islamic Money Market, Former Head of FSCD SBP, Former Head of Research ArifHabib Investments, Member visiting Faculty/ KASBIT/BIZTEK/Sheikh Zayed Institute…