When we talk about Islamic banking and finance, we must first understand the reality and need for Islamic Banking and…
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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…
Power Holding Limited (PHL), a public sector entity fully owned by the Ministry of Energy, is issuing a debt instrument…
Islam is more than a religion. It is also a code of life that deals with social, economic, and political…
Akhuwat Foundation is a non-profit company established in 2001 and registered with SECP. Akhuwat aims to alleviate poverty by creating…
According to World Bank, the growth of Islamic finance has been rapid at 10-12 percent annually over the past two…
[box type=”shadow” align=”” class=”” width=””]Brief Profile: Experienced accounting, finance, management and economics professional holding FCCA (senior ACCA member), BSc (Hons) in…
Emerging Asian markets have had a significant impact on the growth of the fast-moving consumer goods (FMCG) segment. The region’s…
HABIB BANK LIMITED (HBL) has posted earnings of Rs1.7/share, down by 63%YoY. Despite Rs3.2 billion reversal in Workers Welfare Fund (WWF)…
A youth in his late 20s, a banking professional, was not glad when asked about his investment. He disclosed that…
“Financial peace isn’t the acquisition of stuff. It’s learning to live on less than you make, so you can give…
The quantum of Government of Pakistan (GoP) borrowings from State Bank of Pakistan (SBP) has lately reached 12.6 percent of…
In the recent months Pak rupee has depreciated significantly. This has on one hand increased debt servicing and on the…
The above table gives a snapshot of banking industry performance at the close of third quarter of CY2018. From the table, key…
In the wake of widening external deficits, dwindling reserves and uncompetitive exports in the back drop of political uncertainty, the…
Balochistan still lacks proper system of financial inclusion. Simply speaking, it still lacks access to formal financial services including savings,…
As the State Bank of Pakistan (SBP) is scheduled to announce Monetary Policy on Saturday, this week, it is anticipated…
PMN-Nawaz government completed its five-year term on 31st May 2018. During its entire regime it has been boosting about putting…
Analysts reveal that the Pakistan rupee could face additional pressure in the upcoming weeks, in the midst of the country’s…
In a fresh move against money laundering in the country, the State Bank of Pakistan (SBP) has directed money-exchange companies…
Ramazan is that time of the year when expatriates send money to their loved ones back home so that they…
Islamic funds industry has not yet fully developed and diversified in Pakistan whereas Islamic finance can find rich social grounds…
Owners and managers of a large number of SMEs have a deeper craving for Shariah-compliant financial services than large businesses…
The Birth of ABPL – 1991 – Al Baraka Bank (Pakistan) Limited (ABPL) is a solely owned subsidiary of Al…
Islamic mutual fund works in a similar manner as a conventional fund except that the Islamic mutual fund only deploys…
Dubai Islamic Bank Pakistan Limited (DIBPL) is a wholly-owned subsidiary of Dubai Islamic Bank UAE (DIB). The parent company DIB…
The rapid growth of Islamic finance has drawn the attention of national policy makers. There is growing acknowledgement of the…
Let’s analyze the impact of the Federal Budget 2018-19 announced a couple of weeks ago by the couple-of-week old Finance…
As was expected, the budget for FY 2018-19 turned out to be ‘people centric’ as this is the election year…
Addressing the post budget press conference, the Federal Minister for Finance Miftah Ismail said, “We have no intention to go…
From LNG to coal, livestock to stationery, every sector and every type of business enterprise has been showered with exemptions…
Over a thousand points decline in KSE-100 index suggests that the Budget has failed to fetch the interest of Investor…
The Senate Standing Committee on Finance during the post-budget 2018-19 session informed that Pakistan has no more plan to enter…
As the military assistance from the US been reduced, Pakistan has raised its defense spending for the year 2018-19 by…
Looking at the economic progress of Pakistan over the period of last 05 years of the incumbent government, one can…
This is the election year in Pakistan so any discussion on budget is to be read in this context. The…
The federal cabinet approved budgetary papers with total outlay of Rs5,500 billion for budget 2018-19, where tax collection has been…
The Pakistan Stock Exchange’s (PSX) KSE-100 was Asia’s top-performing Index in 2016 but 2017 proved to be a nightmare. Equity-based…
In the upcoming fiscal year 2018-19, the government is considering raising subsidies to Rs 189 billion from the current year’s…
Representative bodies and bodies promoting trade and investment in the country presented the following proposals for the Budget 2018-19: Demands…
Today, Pakistan’s financial sector has transformed into a modern and sound financial sector dominated by private banks. The country’s banking…
One of the themes of a recently organized conference by IBA-CIEF was ‘Making Pakistan Hub of Islamic Finance by 2025.…
According to the latest Quarterly Performance Review (QPR) of the banking sector for the quarter ended 31st December, 2017, released…
A robust banking sector is a healthy sign for the economy of a country. It is this sector that plays…
To create Islamic finance system in India remained misunderstood as Reserve Bank of India (RBI) an autonomous body has been…
Generally, there are misconceptions that current account deficit (CAD) and depreciation of currency are bad omen for any given economy.…
In the current fiscal year, Pakistan rupee has been depreciated number of times against the US dollar before decreased in…
Those who have access to power corridors and also the capacity to influence government are clearly divided into two groups;…
World Bank expects the inflation rate to rise to 6 percent by the end of 2017-18 Inflation refers to price…
Pakistan is working on all round strategy to reform country’s tax structure. The government has planned to lower tax slabs…
The present Pakistani rupee price against the greenback is 115, which increased from 110.5 rupees earlier and this current level…
Pakistan should follow an independent foreign policy. For this purpose the incumbent government should make changes domestically. Global changes are…
In the wake of grey listing of Pakistan by the inter-governmental Paris based Financial Action Task Force (FATF), State Bank…
It is becoming a serious cause of concern for Pakistanis that the incumbent government is borrowing foreign exchange at far…
Islamic banking product gaining popularity in the world and both Muslims and non Muslim customers wish to take the services,…
In order to reduce dependency on the greenback gradually over time, Pakistan has decided to use Chinese yuan for bilateral…
As the Government of Pakistan (GoP) remains the biggest borrower that also offers lucrative return on its risk-free securities, the…
The consumer financing was started in Pakistan during the General Pervez Musharaf regime and was at its peak in 2004-05…
The claims of prosperity and progress made by the incumbent government belie the reality. Almost 50% of the total population…
Consumer financing products include credit cards, personal loans, auto loans and housing mortgage. It not only contributes towards facilitating the…
Pakistani banks have been focusing more on the consumer financing since last two fiscal years. According to State Bank of…
Tourism has been the fastest growing industry of the last decade, as disposable incomes grow throughout the world. The rapid…
Flamboyant financing product Car Ijarah of Meezan Bank is Pakistan’s first interest-free finance based on the Islamic mode of Ijarah…
ORIX Leasing Pakistan Limited (OLP) was established in July 1986 as a joint venture between ORIX Corporation, Japan and local…
Founded in the year 2000, Khushhali Microfinance Bank Limited (formerly known as Khushhali Bank Limited) was a part of the…
Cryptocurrencies plunged on Friday, with bitcoin at one point sliding below $8,000 and headed for its biggest weekly loss since…
In a scenario of consistently increasing flow of migrants remittances despite slow down in economically rich countries who deploy major…
Once upon a time, Pakistan Muslim League headed by Mian Mohammad Nawaz Sharif raised the slogan of ‘breaking the begging…
Microfinance Microfinance is just one tool in the war against poverty. For microfinance to be successful at poverty reduction, it…
One completely fails to understand the reasons behind Government of Pakistan’s reluctance in approaching the lender of last resort International…
Over the years value of rupee has been eroded by either devaluation or crawling depreciation. The incidents of sudden and…
The Pakistani rupee continues to weaken against the US dollar after the central bank withdrew its support earlier this month.…
After trading in the tight range of 104-105 per dollar since December 2015, the Rupee plunged to as low as…