The challenges involved in adoption of P2M module by banks in Pakistan The state of financial inclusion in Pakistan is…
Browsing: Finance
Commercial banks continue to lend reluctantly to agriculture, preferring urban industries, trade and consumer credit The government never gets tired…
By prioritising digital transformation, export-led growth, and climate resilience, Pakistan is poised to strengthen The federal budget for the fiscal…
Effective budgeting, accountability, and prevention steps can reshape country’s fate and drive inclusive national development The budget and fate of…
Government aims to achieve 4.2% GDP growth; BISP receives 21% increase ; tax rates for salaried class reduced; Rs1 trillion…
Retailers and online marketplaces being formally brought into the tax net to expand revenue The finance minister promised “strategic direction”…
Tax collections are expected to increase through expanding the tax net, not burdening taxpayers The budget for the fiscal year…
Formal remittance channels need improvement through incentives, digital tools, and financial inclusion strategies Remittances play a vital role in the…
Digital innovation and regulation are key to growing Pakistan’s vital remittance inflows sustainably Remittances—the funds sent by Pakistanis working abroad…
Policy measures can incentivise allocation of remittances towards productive investment in physical and human capital Remittances play a crucial role…
Govt initiatives like PRI, RDA, and incentive schemes aim to enhance remittance inflow Saudi Arabia, UAE, the US, and the…
The Islamic concept & guidelines regarding personal wealth. True prosperity lies in Halal earnings, ethical spending, and uplifting the needy…
Special financial products, digital banking and market linkages are reshaping microfinance for long-term economic sustainability Soon after success stories of…
Islamic finance promotes fairness, transparency, and risk-sharing, fostering economic growth and financial inclusion in Pakistan. Pakistan’s Islamic banking sector, valued…
Islamic finance has emerged as one of the fastest-growing segments of the global financial system. It operates based on Shariah…
Every work in the society has some objectives. To achieve the certain objective; certain steps and certain strategy must be…
Focus on Islamic Microfinance and CSR could pull Pakistan out of poverty In recent times, social and economic disparity has…
Despite 83% online transactions, 64% of fund transfers still rely on cash due to cyber security concern Pakistan has developed…
AI, fintech, and mobile platforms are reshaping the banking landscape, offering enhanced services and inclusivity The banking industry has undergone…
Emerging technologies like AI and blockchain are transforming Pakistan’s banking sector, improving efficiency and expanding financial access The banking sector…
The global financial crisis has highlighted numerous economic problems stemming from the pervasive influence of interest — the root cause…
SBP Governor urges Easypaisa Bank to focus on SMEs, innovation, and cybersecurity to ensure financial growth In a landmark ceremony…
Examining the effects of growing public debt, currency depreciation, and reduced government spending on the working class Pakistan’s total public…
Perspective of Syed Asad Ali Shah on ADR tax The tax imposed on Advance-to-Deposit Ratio, intended to boost private sector…
Sukuk transforming finance with innovation, sustainability, and cross-border growth Islamic bonds market projected to grow $1,084.8 billion till the end…
As court suspends tax on ADR shortfall, banks turn to low-interest lending to meet December 2024 deadline According to media…
Exploring SBP’s role in inflation control, currency stability and  financial confidence Introduction It was a usual sultry and humid evening in…
AKD Banking universe is set to announce its 3QCY24 results. The brokerage house expects profit to increase by 3%YoY to…
Pakistan’s banking sector needs urgent overhauling; can tackle high NPLs and enhance financial inclusion Adopting Singapore’s liquidity framework and Canada’s…
There is no denying to the fact that commercial banks in Pakistan have been posting substantial profit when the interest…
The banking sector plays a vital role in the economic development of a country, serving as the backbone of the…
Sukuk bonds offer American entities a unique opportunity to fund diverse initiatives while adhering to Shariah principles. Educational institutions increasingly…
Inconsistent regulations, security issues, and red tape: key challenges foreign investors face in Pakistan’s business environment Pakistan, with a population…
Adapting to technological advances and changing consumer preferences in a dynamic market Market size is projected to reach approximately $1.30…
Understanding the economic forces and policy decisions shaping consumer lending and private sector borrowing Consumer credit in Pakistan decreased to…
A car accident, an illness requiring time-off from work, a death in the family, a fire in your home or…
A comprehensive analysis of principles, practices, and popularity among diverse audiences Islamic finance and banking represent an alternative financial system…
Establishing a workable Islamic pricing benchmark is indeed crucial In 2022, the Federal Shariah Court of Pakistan directed the government…
The possibility of socioeconomic effect through prudent development of the Islamic banking system It is an undeniable fact that Islamic…
Since the re-launching of Islamic banking in Pakistan nearly a quarter of a century ago, the apex regulator — the…
The realm of Islamic banking and finance, which globally has surpassed the US$4 trillion mark and has exceeded Rs 8.5…
Pakistan’s relationship with the International Monetary Fund (IMF) since 1958 has been marked by a complex interplay of financial challenges,…
There is a growing consensus that large commercial banks prefer to work in certain comfort zones. Top of the list…
There is a growing consensus that large commercial banks prefer to work in certain comfort zones. Top of the list…
In Pakistan, digital banking in its nascent form started through the promulgation of the Electronic Transaction Ordinance 2002 after which…
Pakistan’s banking industry stands on the brink of transformation, poised to embrace the power of Artificial Intelligence (AI) in the…
Financial technology, commonly known as fintech, has been transforming the financial industry worldwide in recent years. Fintech services are considered…
AI bringing in significant impact on efficiency, security and customer services In the rapidly evolving financial landscape, Artificial Intelligence (AI)…
easypaisa: Redefining financial landscape of Pakistan In the heart of Pakistan, where nearly 100 million unbanked individuals face limited access…
By and large, remittances are deemed to be a panacea for tackling balance of payment crisis. Insightfully, remittances are sine…
Time to drive innovation, enhance living standards and help achieve sustainable development goals Consumer finance has come a long way…
The advent of Fintech dates back to the 1950s when the first credit card was invented by a diner’s club.…
The emerging modern blockchain technology is distributed ledger technology which has a great future in Pakistan to revolutionize the industries,…
Despite the fact that microfinancing emerged and flourished basically in South East Asia and African countries as an effective tool…
The Pakistan Government and International Monetary Fund could not reach a deal and a visiting IMF delegation departed Islamabad after 10…
 Pakistan is likely to make significant progress in the coming years The concept of consumer finance dates back thousands of…
Rapid growth in the consumer finance portfolio of the banking sector in recent times has generated a preceding debate, substantially…
In the rising interest rate climate, commercial banks have no incentive for venturing into consumer finance. On top of all…
 Islamic finance is a unique system of financial management that is rooted in the principles of Islamic law, also known…
When a financial product uses the word Islamic in its name, it must be subject to critical interrogation needed to…
The evolution of the necessary institutional infrastructure and infrastructure for communities and economies is a continual process where, we may…
Islamic law, also known as Shariah law, serves as the foundation for the financial system known as Islamic financing. Islamic…
It is true that Islamic banking in Pakistan has attained a significant share of the overall banking industry. Though the…
 Shariah-driven modes of a partnership between Mudaraba and Musharaka must be considered The operations of the Islamic banking industry is…
Need to overcome hindrances for the true growth of Islamic banking, financing Islamic Banking and Finance practices are running and…
Poverty and unemployment are the two major issues prevailing in developing countries including Pakistan. One of the identified constraints i.e.…
In today’s world, companies are facing many problems with a new role, which is to fulfill the demands of the…
In its 75 years of existence, the year 2022 was the toughest one for Pakistan as its economy lurched from…
The Islamic banking and finance industry is developing at a rapid pace in Pakistan. According to the Islamic Banking Bulletin…
It goes without saying that remittances by overseas Pakistanis have been the biggest savior. Lately, a declining trend has been…
Faysal Bank is all set for a historic transformation into Islamic banking “(Prophet) Muhammad PBUH was right about debt.” Roger…
When we talk about Islamic banking and finance, we must first understand the reality and need for Islamic Banking and…
Microfinance is just one tool in the war against poverty. For microfinance to be successful at poverty reduction, it must…
Internet is no longer a luxury rather it has become a kind of basic commodity since connectivity deprivation could restrain…
Ultimate Guide on Car Financing Setback State Bank of Pakistan has made significant adjustments in the prudential regulations, in an…
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…
After the withdrawal of tax exemption, some of the sponsors of Modarabas in Pakistan have started converting these entities in…
Investing can be a great way to build our wealth over time, and investors have a range of investment options,…
In order to promote digitalization and encourage eco-friendly practices, the State Bank of Pakistan (SBP) has developed online portal called…
In the last few weeks, the government has significantly reduced fuel subsidies, while passing legislation to reform state-owned entities and…
Contrary to market expectations, measures announced in Federal Budget FY23 are being termed ‘Neutral to Positive’ for the stock market.…
State Bank of Pakistan (SBP) through its recent initiatives and actions has focused its attention on finance-deficient areas such as…
These are extraordinary days where extraordinary steps and out of box solutions are required. Budget deficit was estimated around 7.2…
When I sat down to write a commentary on Federal Budget FY21, I faced two odds: 1) there was not…
Whether budgetary conditionalities of the International Monetary Fund (IMF), directives of the State Bank of Pakistan (SBP), maneuvering of the…
The Federal Budget FY21 has an estimated outlay of Rs7,295 billion, 11% lower as compared to last year’s budgeted outlay…
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…
Islamic finance can find rich social grounds for its growth and expansion in Pakistan and as this sector dominate Shariah-compliant…