Pakistan was created in the name of Islam 75 years ago but unfortunately Islamic economic system has not been implemented…
Browsing: Islamic
Sukuks must also be allowed for public-private partnership projects Interview with Mr Hamza Khalil Chaudhry, an academician PAGE: Tell me…
SBP wins another award for promoting Islamic finance Islamic Finance News (IFN), an arm of REDmoney Group, Malaysia, has announced…
To eradicate Riba is duty of every Muslim and custodians of Islamic financial system Al Meezan leads in offering first…
[box type=”info” align=”” class=”” width=””] Mohamed Elsanousi Executive Director, Network for Religious and Traditional Peacemakers Burton L. Visotzky Director, Milstein…
Doing business in Islamic way requires Muslims to undertake transactions free of Riba (interest), Gharar (uncertainty), Maisir (gambling) and non-Halal…
Pakistan emerged with the objective to prosper as an Islamic nation by following divine code of guidance from Allah and…
Islamic Banking and Finance practices are running and growing at the rapid pace and has been proved itself as a…
Increase in discount rate a good step for banking sector progress Meezan Bank remains top Islamic bank in Pakistan with…
In the contemporary world, one cannot deny the importance of the strong economy for the wellbeing of the common people.…
When we talk about Islamic Banking and Finance, we must first understand the reality and need of Islamic Banking and…
When we talk about implementation and practice of Islamic economic system as a whole, we must look at every aspect…
[box type=”info” align=”” class=”” width=””]by Katharina Buchholz, May 3, 2019[/box] Ramadan is predicted to start on Monday, May 6, in 2019, once…
When we talk about implementation and practice of Islamic economic system as a whole, we must look at every aspect…
The total volume of Islamic Banking and Finance has been exceeded $2.6 trillion globally. The growth of the Islamic banking and finance…
Islamic Banking must not be considered as just the execution of Shariah compliant transactions. It must be done with the…
This world is created by Allah so that everything in this world is in the absolute ownership of Allah and…
The Islamic financial industry has witnessed a phenomenal growth in the past decade in terms of the number of Islamic…
Recent upsurge of militancy and terrorism by some so-called Islamist groups in a number of Islamic countries including Pakistan have not only…
Meezan Bank is Pakistan’s largest and full service Islamic bank, enjoying a market share of around 35 percent. Total assets…
“Financial peace isn’t the acquisition of stuff. It’s learning to live on less than you make, so you can give…
The State Bank of Pakistan (SBP) stated that the network of Islamic banking industry comprised of 21 Islamic banking institutions…
Economists have predicted that the Pakistan’s economic growth in the present fiscal year is expected to hit a 9-year low, dipping to…
Must focus on strategy, certification and making standard in marketing and packaging Halal food is often used in reference to…
Pakistan — a country of over 200 million souls, although the sixth largest (population wise) country of the world, yet…
Islamic finance industry in Pakistan has witnessed a strong growth in Pakistan over the last decade, with the share of…
Islamic banking is one of the emerging fields in global financial market. It is growing at very fast pace all…
Islamic banking was re-launched in Pakistan with the commencement of operations by Meezan Bank, as a full service Islamic bank…
Over the past few years, Pakistan’s economy is facing a bad patch. Some of the economic parameters are at a…
Country is moving towards creation of a supportive framework for Shariah-compliant banking The world’s most populous Muslim nation, so far…
During the six months period ended June 30, 2018 the National Bank of Pakistan’s (NBP) balance sheet posted 12.1 percent…
Pakistan is not at expected standard in growth and development of Islamic finance despite being an Islamic country while in…
Shariah-compliant framework likely to be practice in Britain’s transactions next year The global Takaful industry is expected to experience strong…
According to a report by Dubai Center for Islamic Banking and Finance (DCIBF), the global takaful insurance market would reach…
The general Takaful operators in the early years failed to adopt a joint approach in promoting the cause of Takaful…
Pak-Qatar products advocating purest form of Islamic financing to transform the social and economic system Interview with Muhammad Nasir Ali…
The general perception is that Islamic banking in Pakistan is making progress in leaps and bounds. The supporting arguments are…
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…
Islamic mutual fund works in a similar manner as a conventional fund except that the Islamic mutual fund only deploys…
The population of Australia is 25 million people – of which 2.6 percent or around 650,000 place themselves as Muslims…
The rapid growth of Islamic finance has drawn the attention of national policy makers. There is growing acknowledgement of the…
Interview with Dr Khusro Iqbal — an analyst PAGEÂ had an exclusive conversation with Dr Khusro Iqbal, who possesses a PhD…
Banks in Pakistan urgently need to revamp conceptual learning methodology Interview with Mr Hamad Rasool Bhullar — an analyst PAGE:Â Kindly…
Region wise Islamic branches (December 31, 2017) Province/Region Total Number Share (%) Punjab 1,234 47.8 Sindh 750 29.1 Khyber Pakhtunkhwa…
Meezan Bank, which is the first and largest Islamic commercial Bank of Pakistan, have recorded excellent results for the first…
Interview Mohammad Shoaib, CEO, Al Meezan Investment [box type=”shadow” align=”” class=”” width=””]Mohammad Shoaib, CFA is Chief Executive Officer of Al…
One of the themes of a recently organized conference by IBA-CIEF was ‘Making Pakistan Hub of Islamic Finance by 2025.…
To create Islamic finance system in India remained misunderstood as Reserve Bank of India (RBI) an autonomous body has been…
Meezan Bank currently focusing on corporate to investment and branchless Islamic banking Interview with Mr Irfan Siddiqui — President &…
On the inaugural day of conference Dr. Miftah Ismail Adviser to the Prime Minister on Finance and Economic Affairs said…
Interview with Mr Rizwan Hussain – Managing Director, Takaful Pakistan Limited [box type=”shadow” align=”” class=”” width=””]Profile: Rizwan Hussain is currently…
Pak-Qatar Family Takaful Limited (PQFTL), the first and largest dedicated Family Takaful Company in Islamic finance industry. PQFTL is a…
The Bahrain based leading Islamic banking group Al Baraka Banking Group B.S.C. (ABG) announced that the Group and six of…
Interview with Mr Mahmood Lotia — Senior Deputy Managing Director, EFU General Insurance Limited PAGE: Tell me something about yourself…
Islamic banking product gaining popularity in the world and both Muslims and non Muslim customers wish to take the services,…
Flamboyant financing product Car Ijarah of Meezan Bank is Pakistan’s first interest-free finance based on the Islamic mode of Ijarah…
Muslims will make up more than a quarter of the world’s population by 2030. The global Islamic market was worth…
[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]he concept of Islamic finance needs to be fully introduced for the promotion of Islamic banking and insurance industry in…
[dropcap]I[/dropcap]slamic Finance can find rich social grounds for its growth and expansion in Pakistan. What primarily concerns the users of…
[box type=”info” align=”” class=”” width=””]Larisa Yarovaya, Anglia Ruskin University[/box] [dropcap]I[/dropcap]slamic finance is enjoying a surge in popularity, with 14% annual…
ABOUT THE IBA CENTRE FOR EXCELLENCE IN ISLAMIC FINANCE [dropcap]T[/dropcap]he Centre for Excellence in Islamic Finance has been established at…
[dropcap]W[/dropcap]hat does US$ 62 billion of Chinese investment in China Pakistan Economic Corridor (CPEC) mean for Islamic Financial Institutions (IFIs)?…
An exclusive interview with Ahmed Ali Siddiqui — Founding Director, Centre for Excellence in Islamic Finance [box type=”shadow” align=”” class=””…
[dropcap]I[/dropcap]slamic banking is accelerating rapidly worldwide. The number of Islamic financial institutions has increased significantly in the Middle East and…
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]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…
AÂ 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,…
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…
Team Leader-Research, Training & Development Unit, Islamic Banking Group, National Bank of Pakistan [dropcap]T[/dropcap]hough the efforts towards shariah compliance by…
[dropcap]P[/dropcap]akistan is not at par with the Muslim world in growth and development of Islamic finance, yet it has shown…
Meezan Bank is running rigorous training programs for Islamic banking knowledge and skills and supports other institutions in image building…
[dropcap]A[/dropcap]s the largest private sector asset management and investment advisory firm operating in Pakistan, Al Meezan Investment Management Limited (Al…
[dropcap]I[/dropcap]slamic banks are introducing new products to take advantage of government incentives designed to boost growth in the industry. Our…
[dropcap]T[/dropcap]here is a greater demand for consumer financing in Islamic banking in the country that is evenly distributed amongst rural…