Among the seven Gulf Cooperation Council (GCC) countries, the UAE is the biggest investor in Pakistan. From 2004 to 2017,…
Browsing: Finance
This venture between Pakistan-UAE likely to fetch 250,000 bpd of oil Khalifa Coastal Refinery (KCR) project is a joint venture…
The recent announcement by the United Arab Emirates (UAE) to enhance its investments in Pakistan will help attract global Foreign…
[tooltip text=”Karachi, November 27, 2017″ gravity=”nw”]Pak-Qatar Takaful Co-Hosts International Seminar On “Global Takaful Practices” At Iba-Ceif[/tooltip] [dropcap]P[/dropcap]ak-Qatar Takaful group in…
[dropcap]T[/dropcap] wo aspects of our economic environment that weigh down on growth are the huge (effective) share of indirect taxes in…
[dropcap]T[/dropcap]he issue of withholding tax on banking transactions for non-filers in the budget for next fiscal year (2017-18) need to…
[dropcap]A[/dropcap]s incredible as it may seem in this hyper-connected, technologically advanced era, half the planet’s population exist as “financial nomads”—those…
[dropcap]I[/dropcap]slamic Finance can find rich social grounds for its growth and expansion in Pakistan. What primarily concerns the users of…
[dropcap]B[/dropcap]asic mind set of any type of investor is to manage the risk and maximize the returns. The common phenomenon…
[dropcap]I[/dropcap]t is an undeniable fact that Pakistan suffers from two contentious problems: 1) low savings and 2) limited opportunities for…
[dropcap]F[/dropcap]oreign investors kept lured to investment in Pakistan and never losing faith and still have an appetite of making money…
COMPLIANCE [dropcap]C[/dropcap]ompliance function at banks continuously strives for improving the compliance environment and minimizing compliance risk for the institutions through…
[dropcap]I[/dropcap]n wake of the US move against a Pakistani bank in New York, Pakistan needs to establish and strengthen its…
[dropcap]W[/dropcap]ith the growing menace of drug trafficking, money laundering and financing of terrorist outfit, all around the world governments want…
[dropcap]I[/dropcap]n 2014, the Organization for Economic Co-operation and Development (OECD) established the Common Reporting Standard (CRS), laying the groundwork for…
[dropcap]I[/dropcap]n August, the New York State Department of Financial Services (DFS) sought to impose about $630 million penalty on HBL’s…
Burdensome taxation system benefits the rich rather than poor and deprived [dropcap]T[/dropcap]he evasion of tax is one of the much…
[dropcap]A[/dropcap]nalysts are of the consensus that those who wish to borrow money from the commercial banks have no option but…
[dropcap]P[/dropcap]akistan has signed the Multilateral Convention on Mutual Administrative Assistance in Tax Matters of the Organization for Economic Cooperation and…
[dropcap]T[/dropcap]he international community loses hundreds of billions of dollars every year due to trade-based money laundering whereas Pakistan loses $10…
FINANCIAL INCLUSION [dropcap]I[/dropcap]n recent years, financial inclusion is one area where stakeholders of the financial ecosystem have been focusing lately…
CPEC related projects can help bring sluggish economy back to life [dropcap]W[/dropcap]orld Bank has recently alerted that macroeconomic risks in…
[dropcap]A[/dropcap]ccording to World Bank’s forecasts, owing to improved security and energy supply situation, economic growth in Pakistan is expected to…
[dropcap]T[/dropcap]raining and development are vital for progressive organizations. It is a fact that poorly trained employees can pose a serious…
[dropcap]A[/dropcap]fter the recent Habib Bank Limited (HBL) saga and National Bank of Pakistan (NBP) Bangladesh scam, the need for prudent…
[dropcap]H[/dropcap]istorically, the Pakistan Stock Market (KSE100) reached an all time high of 52876.46 in May of 2017 since a record…
[dropcap]A[/dropcap]s compared to the fellow South Asian countries, Pakistan has a relatively friendly policy for the Foreign Direct Investment (FDI)…
China emerged as the top investor during the last three years PAKISTAN FOREIGN DIRECT INVESTMENT 2010-16 [dropcap]F[/dropcap]oreign Direct Investment in…
[dropcap]F[/dropcap]oreign Direct Investment (FDI) has not been picking up in Pakistan for the last three years despite regular investments from…
Some foreign, multinational companies buying Pakistani companies to advance growth [dropcap]A[/dropcap]ccording to the State Bank of Pakistan repatriation of profits…
[dropcap]D[/dropcap]espite encouraging advancements in the number of first time bank account holders, a startling gender gap persists in financial inclusion…
FIRST WOMEN BANK LIMITED [dropcap]F[/dropcap]irst Women Bank Limited is a unique financial institution, a scheduled commercial bank, set up in…
[dropcap]P[/dropcap]akistan’s auto market is considered among the smallest, but fastest growing in South Asia. Over 280,000 cars were sold in…
AFFORDABILITY & ACCESS TO FINANCE [dropcap]P[/dropcap]akistan has a housing backlog of almost 10 million units (source: ABAD’s Real Estate Research,…
[dropcap]T[/dropcap]he housing finance market is among the most important in the economy. It accounts for a sizeable portion of the…
GROWTH TRENDS AND FUTURE PROSPECTS OF ISLAMIC HOME FINANCING [dropcap]A[/dropcap]fter the steps taken by State Bank of Pakistan (SBP) to…
[dropcap]P[/dropcap]akistan’s banking sector is passing through a phase that is both challenging and exciting. While challenges emanate from low interest…
[dropcap]B[/dropcap]asic mind set of any type of Investor is to manage the risk and maximize the returns. The common phenomenon…
[dropcap]D[/dropcap]uring the past few years Mutual Fund Industry has witnessed significant growth. It expanded from Rs 24 billion at the…
[dropcap]I[/dropcap]f an analyst examines Pakistan’s economy in detail a few points are evident: 1) despite many odds the country has…
[dropcap]T[/dropcap]he outgoing fiscal year 2016 turned out to be quite eventful with respect to multiple developments in the capital markets.…
[dropcap]A[/dropcap] vibrant and robust capital market has a pivotal role in the economic growth and development of a country. There…
More public awareness will boost the industry [dropcap]M[/dropcap]utual funds will come up with bank deposits over the few years as…
[dropcap]O[/dropcap]ver the last few years, the local mutual fund industry has shown decent growth in terms of assets as well…
[dropcap]UBL[/dropcap] Fund Managers is the leading Asset Management Company of Pakistan offering savings and investment solutions to institutional and individual…
[dropcap]A[/dropcap]ccess to financing is now widely acknowledged as a path to meaningful economic inclusion and reduction in poverty. Policy efforts…
[dropcap]P[/dropcap]akistan’s ballooning external debt and liabilities continue to burden its economy at a time when the country is facing multiple…
[dropcap]T[/dropcap]here are two schools of thoughts on the effect microfinance has had on poverty and financial inclusion. One says that…
Bank sees consistency in investment and industry policies must to get sustainability in growth momentum [dropcap]T[/dropcap]he State Bank of Pakistan…
[dropcap]T[/dropcap]he State Bank of Pakistan is the central bank of the country as well as the apex regulator of the…
[dropcap]W[/dropcap]hereas, the State Bank of Pakistan (SBP) declared in its annual Financial Stability Review (FSR) this month that Pakistan’s financial…
[dropcap]T[/dropcap]he federal government has recently sold the Pakistan Security Printing Corporation (PSPC) to State Bank of Pakistan (SBP) for Rs100…
[dropcap]I[/dropcap]slamic banking is accelerating rapidly worldwide. The number of Islamic financial institutions has increased significantly in the Middle East and…
[dropcap]B[/dropcap]anking formally started in areas now comprising Pakistan during the British Raj. After getting independence from the colonial era in…
[dropcap]T[/dropcap]he growth momentum of the banking industry in the second quarter of 2017 was supplemented by favorable macroeconomic conditions i.e.…
[dropcap]P[/dropcap]akistani banks are encountering number of challenges ranging from historically low interest rates to lethargic credit off-take while menace of…
[dropcap]F[/dropcap]ederal Minister for Finance, Ishaq Dar seems not in a pleasant mood after the local currency plunged against the dollar,…
[dropcap]F[/dropcap]inancial inclusion means access to formal financial services including savings, credit, insurance and payments vis-à-vis formal financial intermediaries, at an…
[dropcap]B[/dropcap]asel III will keep banks fairly busy in a variety of ways. It will absorb huge amounts of resources. It…
[dropcap]I[/dropcap]mport payments is an important component of trade balance in the compilation of Pakistan’s Balance of Payments estimates. The payments…
Franchise model brings improved training, technology and business know how and adding to a growing global mono-culture Retailing in Pakistan…
[dropcap]I[/dropcap]n the simplest words, the budget of a country expresses developmental plans for a year and measures to finance these…
[dropcap]T[/dropcap]he federal government in the budget for fiscal year 2017-18 has allocated Rs180 billion for China Pakistan Economic Corridor (CPEC).…
[dropcap]T[/dropcap]he 2017-18 budget is designed for election year. It is of little value to the economy’s health in the medium…
[dropcap]I[/dropcap]f one reviews Pakistan’s economy, the development seems lopsided. The successive governments have experimented with different models from private sector…
[dropcap]C[/dropcap]ontrary to popular belief, the biggest expenditure item in the 2017 budget is ‘interest’, not defense or education or any…
[dropcap]S[/dropcap]chool teachers, college lecturers and university professors slammed the government’s decision to increase their salaries by just 10 percent in…
[dropcap]T[/dropcap]he PML-(Nawaz)-led Balochistan coalition government unveiled the provincial budget for fiscal year 2017-18 with a total outlay of Rs328 billion.…
[dropcap]T[/dropcap]he government placed the remittances data for the three quarters of the current fiscal year before the National Assembly, showing…
[dropcap]I[/dropcap]nvesting in the future is something that we all plan to do…at some point. Some of us aim to secure…
A need now to start Islamic venture capital funds and investment banks in the country [dropcap]P[/dropcap]akistan is not at the…
The Three Centres of Excellence in IBA, in alliance with top Malaysian institutes, provide research, training and development in Islamic…
[dropcap]H[/dropcap]umanity is not immortal and is prone to accidents and disasters. It is subjected to the divine law that the…
[dropcap]I[/dropcap]slamic banks are less risky and more resilient than their counter parts in terms of bank capital requirement and mobilisation…
[dropcap]T[/dropcap]he increasing presence of Islamic banking and finance in Pakistan’s financial sector and the country’s exemplary role in the global…
Certification process with new products modernization set to take place SBP issues Enterprise Technology Governance & Risk Management Framework for…
A REVOLUTIONARY CONCEPT [dropcap]W[/dropcap]hen we start the topic of training and development of Islamic Banking & Finance, first of all, we…
[dropcap]W[/dropcap]hilst the terms ‘loan’ or ‘lending’ are commonly used, even by Islamic banks, they are not strictly correct in an…
[dropcap]I[/dropcap]n April, Saudi Arabia issued its largest ever Shariah-compliant bond on the Irish Stock Exchange. The $9 billion Islamic bond,…
[dropcap]T[/dropcap]he concept of Islamic finance firmly and wholly required in Balochistan for the promotion of Islamic banking and insurance industry.…
[dropcap]D[/dropcap]ubai Islamic Bank (DIB) in 2016 witnessed a phenomenal increase in profitability. Seeing the vast achievement of DIB at both…
[dropcap]T[/dropcap]he banks account for 80 percent of international remittances coming through formal channels into Pakistan, given their long history in…
[dropcap]W[/dropcap]hile the established global Banking and Financial Institutions and System continue to debate the one-size-fits-all and ongoing Basel reforms, now…
[dropcap]W[/dropcap]allStreet Exchange Company (Pvt) Limited was registered and incorporated as private limited company with Securities and Exchange Commission of Pakistan…
[dropcap]T[/dropcap]he Securities and Exchange Commission of Pakistan (SECP) has taken an aggressive lead in strengthening the regulatory framework that protects…
[dropcap]O[/dropcap]nce a saving grace, remittances have been under pressure since quite a while now. Remittance inflows in Pakistan are not…
Dr Ayub Mehar, one of the leading economists in Pakistan, shared the following with PAGE regarding IMF Reports: Within just…
[dropcap]P[/dropcap]akistan’s foreign exchange reserves increased to $21 billion during the week ended May 19 from $20.678 billion a week ago,…
[dropcap]T[/dropcap]he fiscal year 2017-18 budget is designed for election year objective. It is of little value to the economic health…
[dropcap]T[/dropcap]he foreign exchange markets are unpredictable. They are complex, volatile and massively impacted by global political and economic events –…