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Cover Stories

Top Islamic mutual funds of Pakistan

Top Islamic mutual funds of Pakistan

Islamic mutual fund works in a similar manner as a conventional fund except that the Islamic mutual fund only deploys funds in Shariah-compliant investments. The key players in Islamic mutual fund are: Asset Management Company, Trustee, Shariah Advisor & Registrar. …

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Islamic finance thriving in Australia

Islamic finance thriving in Australia

The population of Australia is 25 million people – of which 2.6 percent or around 650,000 place themselves as Muslims as per the latest census in 2016. Australia does not have dedicated Islamic finance laws and regulations as like in …

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Balochistan’s vulnerable insurance sector

Balochistan’s vulnerable insurance sector

Balochistan has vast potential in insurance sector, yet the sector could not play its due role in the local economy. Balochistan is the country’s poorest province. Agriculture, the mainstay of local economy, employs 67 percent of province’s total work force. …

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