Establishing a workable Islamic pricing benchmark is indeed crucial In 2022, the Federal Shariah Court of Pakistan directed the government…
Browsing: Shariah
The possibility of socioeconomic effect through prudent development of the Islamic banking system It is an undeniable fact that Islamic…
Key factors shaping the future of Islamic Banking in Pakistan Islamic banking has emerged as a significant player in the…
A car accident, an illness requiring time-off from work, a death in the family, a fire in your home or…
 Targeted policy interventions can effectively unleash the true growth potential of Islamic finance in Pakistan, promoting financial inclusion and ethical…
 The Islamic financial services sector in Pakistan remains relatively small compared to the broader market Need for more policy incentives…
 The country needs to overcome challenges and chart a path to sustainable growth Govt initiatives play a vital role in…
Raqami Islamic Digital Bank pioneering a Shariah-based, inclusive financial ecosystem in Pakistan Interview with Mr. Nadeem Hussain — Founder, Raqami…
Alhuda Centre of Islamic Banking and Economics (Alhuda CIBE) joined prominent religious leaders and representatives at United Nation Nations-28 at…
A beacon of ethical unity in Pakistan’s financial horizon 5th Pillar Family Takaful introduces Hajj Saving Takaful Plan for a…
The Musharakah Model in the system promotes equitable risk-sharing and fairness Interview with Mr. Shaham Ahmad — Honorary Secretary, ICMA…
Offerings, opportunities within technology, conducive investment environment and collaboration making industry more dynamic Takaful activities in the health and life…
 The use of blockchain, cryptocurrencies, crypto gaining momentum Technology progress is steady in financial services Interview with Mr. Jawad Tahsin…
 Islamic finance is a unique system of financial management that is rooted in the principles of Islamic law, also known…
Islamic finance and traditional interest-based finance are two different systems of managing financial transactions and investments, with distinct principles and…
When a financial product uses the word Islamic in its name, it must be subject to critical interrogation needed to…
Islamic law, also known as Shariah law, serves as the foundation for the financial system known as Islamic financing. Islamic…
Pak-Qatar Group (PQG) – The Group remains the pioneer in dedicated Takaful solutions in Pakistan and comprises Shariah-compliant ventures like;…
Interview with Mr Hamad Rasool Bhullar — an analyst PAGE: Tell me something about yourself, please: Hamad Rasool Bhullar: I have…
Meezan Bank has been recognized as the ‘Best Bank in Pakistan’ through Pakistan Banking Awards, and remains committed to contributing…
Financial Institutions are becoming crucial in today’s competitive and uncertain economic environment as it pump the idle funds in various…
The financial institutions are the most critical in today’s competitive and indeterminate economic environment. They propel the indolent assets in…
The evolution of leasing in Pakistan particularly in the formal sector dates back to June 1980 when, according to a…
After the withdrawal of tax exemption, some of the sponsors of Modarabas in Pakistan have started converting these entities in…
Faysal Bank Ltd will become a full-fledged Islamic bank by the end of 2022 after ring-fencing its residual conventional loan…
Dissimilar sources identified that Modaraba Companies are part of the non-banking Islamic financial institutions. Presently in Pakistan, the institutional framework,…
Interview with Muhammad Nasir Ali Syed — Executive Director Health & Emerging Lines, Salaam Takaful Limited PAGE: Tell me something…
The Islamic finance industry has seen exceptional growth in the last 30 years. Many optimistic predictions have been made regarding…
The importance of partnership modes in the Islamic financial scenario is not deniable. The ideal modes for Islamic finance practices…
Islamic banking’s market share likely to move up in Pakistan Global outlook Islamic financing emerged 50 years ago, in countries…
Islamic finance can be described as financing structure to fulfill the principles of sharia, or Islam and law. The inspiration…
Islamic mutual funds have the potential for unprecedented growth Sukuk issuances will keep growing in future Al Meezan hold on…
SBP wins another award for promoting Islamic finance Islamic Finance News (IFN), an arm of REDmoney Group, Malaysia, has announced…
The Islamic finance industry continued the growth momentum in Pakistan in 2021 proving its viability supported by strong public demand…
Need of the Institution of Waqf The institution of Waqf may bring a robust socio-economic development in the society as…
Halal is an Arabic word for permissible and is often used to refer to food and drink which are acceptable…
Interview with Mr Hamad Rasool Bhullar – an analyst PAGE: Tell me something about yourself and your career, please: Hamad…
Islamic banking, like any other banking system, is an evolving system worldwide. Since the inception of conventional banking system; work…
On 11th September, 1948, Quaid-e-Azam Muhammad Ali Jinnah left us at the age of 71. He was an exceptional lawyer,…
The year 2019 has been good for the Takaful in Pakistan. This is evident from the performance of the Takaful…
Faysal Bank Limited is a leading Financial Institution in Pakistan with a legacy of service and innovation which spans over…
Introduction Poverty has occupied foremost place on human development agendas of almost all countries of the world as its prevalence…
In compliance of constitutional requirement, that limitation of Riba will be state policy of Pakistan, It has been ambitious program…
There are different barriers to financial inclusion, one of these is the voluntary exclusion due to religious reasons and the…
Islamic finance can find rich social grounds for its growth and expansion in Pakistan and as this sector dominate Shariah-compliant…
Power Holding Limited (PHL), a public sector entity fully owned by the Ministry of Energy, is issuing a debt instrument…
Akhuwat Foundation is a non-profit company established in 2001 and registered with SECP. Akhuwat aims to alleviate poverty by creating…
The economic experts of Pakistan stated that Pakistani economy presently faces challenges similar to other developing countries in the world.…
Across the globe, COVID-19 pandemic has created disruption and uncertainty for the common man and business community. BankIslami Pakistan Limited…
State Bank of Pakistan (SBP) has been actively engaged in development and promotion of Islamic banking in the country through…
Prior to the outbreak of virus in China, analysts were of the view that gold prices will hold above US$1,500/oz…
The Islamic banking and finance system offers more ethical and efficient alternative to the interest-based conventional financial system. Islamic banking…
The comparison battle between Islamic banking products and conventional banking products are continuing from decades. And from last few years,…
Interview with Tara Uzra Dawood – President, Dawood Global Foundation PAGE: Tell me something about yourself and your organization, please: Tara…
Pakistan is not at par with the Muslim world in growth and development of Islamic finance, yet it has shown…
Pakistan emerged with the objective to prosper as an Islamic nation by following divine code of guidance from Allah and…
Meezan Bank’s Shariah-compliant products, services have taken major standings Interview Irfan Siddiqui — President & Chief Executive Officer, Meezan Bank…
Over a period of time, particularly in the last decade, National Savings has transformed itself from a retail debt raising…
Interview with Mr Hamad Rasool Bhullar – a researcher, trainer in finance, corporate governance and Shariah-compliant management PAGE: Tell me…
Pakistani newspapers and magazines are full of praises for the Government of Pakistan (GoP) and State Bank of Pakistan (SBP)…
The financial tsunami that erupted in 2008 has swept the global financial community, and the major financial giants also fell…
According to World Bank, the growth of Islamic finance has been rapid at 10-12 percent annually over the past two…
In the contemporary world, one cannot deny the importance of the strong economy for the wellbeing of the common people.…
When we talk about implementation and practice of Islamic economic system as a whole, we must look at every aspect…
[box type=”shadow” align=”” class=”” width=””]Profile Azhar Aslam Head of Islamic Banking & Governance Head Central Region Standard Chartered Bank Pakistan…
International researchers recorded that during the last two decades, the Islamic banking saw rapid growth. The prohibition of interest payments…
When we talk about implementation and practice of Islamic economic system as a whole, we must look at every aspect…
Islamic Banking must not be considered as just the execution of Shariah compliant transactions. It must be done with the…
International experts presently urged that it is an exciting time in the insurance sector internationally, as insurers are spending greater…
This world is created by Allah so that everything in this world is in the absolute ownership of Allah and…
Interview with Ms Tara Uzra Dawood –President, Dawood Global Foundation PAGE: Tell me something about yourself and your organization, please:…
Islamic banking was re-launched in Pakistan with the commencement of operations by Meezan Bank, as a full service Islamic bank…
Country is moving towards creation of a supportive framework for Shariah-compliant banking The world’s most populous Muslim nation, so far…
[box type=”info” align=”” class=”” width=””] Ceri Parker Commissioning Editor, Agenda, World Economic Forum This article is part of the World Economic…
The insurance industry in Pakistan contributes almost 0.9 percent of the gross domestic product, of which Takaful industry shares 3…
The general Takaful operators in the early years failed to adopt a joint approach in promoting the cause of Takaful…
Company has a vision of providing financial protection through Takaful to everyone with every digital mediums Pak-Qatar General Takaful Limited…
Islamic banking product gaining popularity in the world and both Muslims and non Muslim customers wish to take the services,…
Interview with Mr Ahmed Ali Siddiqui – Founding Director, IBA Center for Excellence in Islamic Finance (CEIF) PAGE: WHY THE…
[dropcap]O[/dropcap]ver the last few years, the local mutual fund industry has shown decent growth in terms of assets as well…
Modarabas are playing significant role for the promotion of Islamic finance within the country More availability of trained employees and…
Saadiq is our success, will keep expanding our services legacy through new and digital capability Interview with Mr. Shehzad Khokar…
Interview with Mr Pervaiz Ahmed – An Islamic Finance professional [box type=”shadow” align=”” class=”” width=””]Profile Pervaiz Ahmed is an Islamic…
[dropcap]U[/dropcap]nder the framework of Shariah-compliant, Pakistan’s Islamic financial market has been trying its major role to regulate the full resources…