This Week

There are different barriers to financial inclusion, one of these is the voluntary exclusion due to religious reasons and the other is the high cost of interest charged to small borrowers. Islamic banking seems to offer reasonable solution to these …

Islamic finance can find rich social grounds for its growth and expansion in Pakistan and as this sector dominate Shariah-compliant services needed to be diversified. Noncompliance of Islamic law can result in withdrawal of funds from an Islamic bank. Hence, …

Power Holding Limited (PHL), a public sector entity fully owned by the Ministry of Energy, is issuing a debt instrument to address the liquidity constraints being faced by Pakistan’s power sector. This is the first ever debt issuance through book …

Islam is more than a religion. It is also a code of life that deals with social, economic, and political matters. Every Muslim is expected to live according to the Islamic code, or Shariah. Each issue addressed under Shariah is …

Akhuwat Foundation is a non-profit company established in 2001 and registered with SECP. Akhuwat aims to alleviate poverty by creating a bond of solidarity between the affluent and the marginalized. Their goal is to develop and sustain a social system …

The COVID-19 pandemic has adversely affected growth in key sectors of Pakistan’s economy and the auto sector is not an exception. The country’s auto sector was already facing a slump before the outbreak of the coronavirus pandemic for many reasons …

For last few weeks, the concept of herd immunity is making headlines in the international media with reference to COVID-19. Herd immunity is an epidemiological term usually reserved to describe how the population as a whole is protected from a …

Market indicators are a series of technical indicators used by traders to predict the direction of the major financial indexes. Most market indicators are created by analyzing the number of companies that have reached new highs relative to the number …

Client Wise Financing Portfolio (% Share) Sector Dec-18 Sep-19 Dec-19 Industry Corporate 74.3 73.6 74.6 71.7 SMEs 3.7 3.3 3.5 5.4 Agriculture 0.3 0.4 0.4 3.9 Consumer Financing 10.1 10.4 9.9 6.4 Commodity Financing 10.5 11.0 10.1 9.0 Staff Financing …

The economic experts of Pakistan stated that Pakistani economy presently faces challenges similar to other developing countries in the world. The economy, stock market and rupee were getting stronger before coronavirus and as soon as Pakistan overcomes this pandemic, the …

Across the globe, COVID-19 pandemic has created disruption and uncertainty for the common man and business community. BankIslami Pakistan Limited being a responsible institution in the banking sector, to inhibit the impact of this pandemic situation, took a number of …

Market Watch: KSE-100 advances on hopes of policy rate cut Bulls continued to dominate the stock market as the KSE-100 index rallied and gained over 200 points on Friday. The bourse managed to cross the 34,000-point mark. The increase was …