Deposit Distributed By Category Of Deposit Holders* (Rs Mn) Description Apr-23 May-23 Jun-23 1. Non Resident Deposits 712,267 721,982 737,622…
Browsing: Finance
Rising interest rates under consumer financing remain the daunting task Personal loans have become an important source of meeting our…
Interview with Mr. Barkatullah Lone – Chairman, GB International Economic Forum Profile: Mr. Barkatullah Lone is Chairman of GB International…
Written by Kirsten James Senior Program Director of Water, Ceres Cate Lamb Head of Water, CDP Xavier Lefaive Principal Administrator, OECD Water…
Written By Gavin Brown, University of Liverpool; Richard Whittle, UCL, and Stuart Mills, London School of Economics and Political Science…
SBP wins another award for promoting Islamic finance Islamic Finance News (IFN), an arm of REDmoney Group, Malaysia, has announced…
The world is confronting the challenges of sustainable economic development these days along with the challenges of sovereignty and security,…
Since key policy rate is at 7 percent for the next two months with the hope that the discount rate…
As a worldwide commonality housing backlog is the biggest outcome of continued urbanization. Land, infrastructure, finance, administrative bodies, real estate…
[box type=”info” align=”” class=”” width=””] Violeta Gonzalez Behar Head, Partnerships, Outreach and Resource Mobilization, Enhanced Integrated Framework Executive Secretariat, World…
[box type=”info” align=”” class=”” width=””]by Niall McCarthy, Apr 8, 2020[/box] As the slow initial U.S. response to the COVID-19 pandemic comes under increasing…
More awareness, taking digital form and conducive environment are key to success Interview with Muhammad Nasir Ali Syed – CEO,…
Why we have need to use the word Islamic as prefix before Economics, Business, Banking, Finance, Marketing, Management etc.? The…
[box type=”info” align=”” class=”” width=””]Antonios Siganos, University of Glasgow[/box] A number of studies show that daylight savings time harms people’s…
[box type=”info” align=”” class=”” width=””]Miroslav Palanský, Charles University[/box] Tax havens have become a defining feature of the global financial system.…
[box type=”info” align=”” class=”” width=””]Bernhard Reinsberg, University of Glasgow and Thomas Stubbs, Royal Holloway[/box] Corruption is one of the greatest…
Islamic Banking and Finance practices are running and growing at the rapid pace and has been proved itself as a…
With a population of over 200 million, Pakistan is the second largest economy of South Asia. The soaring inflation and…
Personal finance is the management of financial resources. Saving helps us to overcome significant problems in our lives. To manage…
Interview with Mr Hamad Rasool Bhullar – a researcher, trainer in finance, corporate governance and Shariah-compliant management PAGE: Tell me…
Credit/Loans Classified By Borrowers (Million Rupees) Description Mar-19 Apr-19 May-19 June-19 P 1. Credit to Government Sector (A+B) 10,884,779 11,162,102…
Automobile finance is a financial activity that integrates funds in the process of production, circulation, and consumption of automobile, mainly…
In the contemporary world, one cannot deny the importance of the strong economy for the wellbeing of the common people.…
Profits of the Islamic banking industry increased by 48 percent during the quarter Oct-Dec 2018, according to the State Bank…
During the quarter ended March 31, 2019, the profit after tax (PAT) of Meezan Bank, Pakistan’s leading Islamic bank and…
The total volume of Islamic Banking and Finance has been exceeded $2.6 trillion globally. The growth of the Islamic banking and finance…
[box type=”info” align=”” class=”” width=””]Jonathan Perraton, University of Sheffield[/box] EU leaders have agreed a short extension to Brexit until October…
The Islamic financial industry has witnessed a phenomenal growth in the past decade in terms of the number of Islamic…
[box type=”info” align=”” class=”” width=””] Robert Muggah Co-founder, Igarape Institute and SecDev Group Okan Geray Strategic Planning Advisor, Smart Dubai Kari…
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…
Present government should create conditions leading to the economic empowerment of women in Pakistan. They should be provided opportunities to…
Keep innovating is the only option of banking sector survival Interview with Mr Hamad Rasool Bhullar — a freelance consultant…
Credit/Loans Classified By Borrowers In Pakistan (Million Rupees) Description Jul-18 Aug-18 Sep-18 Oct-18 Nov-18 Dec-18 1. Credit to Government Sector…
Many economic experts mention that the Small and Medium Enterprises (SME) sector is contributing 30 percent towards Pakistan’s GDP, employ…
The State Bank of Pakistan (SBP) stated that the network of Islamic banking industry comprised of 21 Islamic banking institutions…
[box type=”info” align=”” class=”” width=””]Bruce Campbell Director, Climate Change, Agriculture and Food Security, CGIAR[/box] After years of neglect, agriculture finally…
According to the January 2018 report of “Global Finance,” an English-language American monthly financial magazine with a Global circulation of…
[box type=”info” align=”” class=”” width=””]Jonathan Wichmann Co-founder, Wichmann/Schmidt[/box] For millennia, the finance industry has been a primary culprit in global…
[box type=”info” align=”” class=”” width=””]Arturo Bris, IMD Business School[/box] Which company would you say is going to grow faster in…
Pakistan’s accumulated current account deficit has reached US$19 billion and it faces payments worth US$9 billion for previously taken loans.…
Recent anti-encroachment drive aims to crush institutional corruption and building of cartels Profit margins have shrunk due to increase in…
Islamic finance industry in Pakistan has witnessed a strong growth in Pakistan over the last decade, with the share of…
Foreign direct investment (FDI) overview in Pakistan ($ Million) Country 2011-12 2012-13 2013-14 2014-15 2015-16 2016-17 2017-18 Jul-Sep 2019 Sector…
Low cost housing for a vast majority of the people poses an enormous challenge in terms of availability of affordable…
Over the past few years, Pakistan’s economy is facing a bad patch. Some of the economic parameters are at a…
Owning a house is a distant dream of millions of Pakistanis, particularly in the urban areas. Way back in 1970s,…
Balochistan still lacks proper system of financial inclusion. Simply speaking, it still lacks access to formal financial services including savings,…
Pakistan is not at expected standard in growth and development of Islamic finance despite being an Islamic country while in…
Pak-Qatar products advocating purest form of Islamic financing to transform the social and economic system Interview with Muhammad Nasir Ali…
Pakistan is a country which is blessed with enormous reserves of natural resources. The economy of Pakistan is growing at…
The upcoming government-led by Imran Khan, the leader of Pakistan Tehreek-e-Insaf (PTI) who has taken absolute majority after July 25…
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…
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…
Banks in Pakistan urgently need to revamp conceptual learning methodology Interview with Mr Hamad Rasool Bhullar — an analyst PAGE: Kindly…
Region wise Islamic branches (December 31, 2017) Province/Region Total Number Share (%) Punjab 1,234 47.8 Sindh 750 29.1 Khyber Pakhtunkhwa…
Let’s analyze the impact of the Federal Budget 2018-19 announced a couple of weeks ago by the couple-of-week old Finance…
A Report by Topline Securities Limited Pakistan’s Ministry of Finance published the Annual Pakistan Economic Survey for FY18. As per…
Adviser to Prime Minister on Finance, Revenue and Economic Affairs, Dr. Miftah Ismail has stated the next Budget of fiscal…
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…
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…
Pakistan’s external debt to climb to $103bn by June 2019: IMF report The International Monetary Fund (IMF) has assessed Pakistan’s…
Interview with Mr M. Ayub Khan — a sportsman PAGE: Tell me something about yourself, please: Ayub Khan: I graduated in…
[box type=”info” align=”” class=”” width=””]Ania Zalewska, University of Bath[/box] In the past decade, the banking industry has been a central…
[box type=”info” align=”” class=”” width=””]Enrico Onali, Aston University[/box] Stock markets around the world suffered sudden, heavy losses on February 5…
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…
Banks should be more supportive for the masses and for corporate industry growth An exclusive interview with Mr. Barkatullah Lone…
An exclusive interview with Mr Arshad Majeed — Group Head Consumer Finance, Meezan Bank [box type=”shadow” align=”” class=”” width=””]Profile: Arshad…
[ads2] CREDIT/LOANS CLASSIFIED BY BORROWERS* (Million Rupees) Description June-16 Dec-16 June-17 Dec-17P 1. Credit to Government Sector (A+B) 8,109,481…
[box type=”info” align=”” class=”” width=””]Clea Bourne, Goldsmiths, University of London[/box] It’s been ten years since the global financial crisis led…
[box type=”info” align=”” class=”” width=””]Larisa Yarovaya, Anglia Ruskin University and Brian Lucey, Trinity College Dublin[/box] In the last year, the…
[dropcap]W[/dropcap]ith the affairs of Ministry of Finance now an open secret, the cat is finally out of the bag. The…
[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 concept of Islamic finance needs to be fully introduced for the promotion of Islamic banking and insurance industry in…
Interview with Syed ShariqWaqar — economy analyst [box type=”shadow” align=”” class=”” width=””]PROFILE: Syed Shariq Waqar has got over 20 years…
[dropcap]T[/dropcap]he balance of trade compares the value of a country’s exports of goods and services against its imports. When exports…
[dropcap]I[/dropcap]slamic Finance can find rich social grounds for its growth and expansion in Pakistan. What primarily concerns the users of…
Interview with Mr Ahmed Ali Siddiqui – Founding Director, IBA Center for Excellence in Islamic Finance (CEIF) PAGE: WHY THE…
Interview with Mr Mustafa Mirchawala – CEO, Mirchawala’s Hub of Accountancy [box type=”shadow” align=”” class=”” width=””]PROFILE: Mustafa Mirchawala is a…