Cover Stories

Country needs to build a strong foundation for e-business as current volume is around $4bn per annum, says PCJCCI chief Although Pakistan is a late entrant to world of e-commerce, but with more internet penetration and surge in sale of …

Despite improved economic indicators in the country, consumer finance is still a challenging subject, both for the consumer and the banks. Pakistani banks opt to secure their finances before opening up doors of consumer financing. Short-term advances are always better …

Car Ijarah is Meezan Bank’s car financing product and is Pakistan’s first interest-free car financing. It is based on the Islamic financing mode of Ijarah (leasing). This product is ideal for individuals who want to get interest-free financing for acquiring …

MEEZAN BANK EASY HOME — ISLAMIC HOUSING FINANCE With Easy Home you participate with Meezan Bank in joint ownership of your property, where the Bank will provide a certain amount of financing. You agree to a monthly payment to the …

Saadiq Current Account is a non-profit bearing transaction account based on Islamic principle of ‘Qard’, whereby the customer is the lender and bank is the borrower. The funds collected in Saadiq Current Account are only invested in Shariah-compliant business avenues, …

PIAF chief sees huge taxes, unnecessary intervention, blackmailing, unaffordable power tariff and outages are the main factors behind the exports decline Govt should increase its exports and remittances for paying back rising debt obligations, says Fehmida Jamali The country’s exports …

Country may also face rising external financing needs The surge in international oil price would leave a negative impact on our economy, as the anticipated price rise will increase the import bill and add pressure on foreign exchange reserves. This …

Pakistan’s trade deficit rose to $23.38 billion during the first nine months (July-March 2017) of the current fiscal year, up by 38.80 percent from $16.84 billion for the same period a year before. Provisional trade data released by the Pakistan …

Positive government policies and efforts help increase revenue collections/tax net The persistent efforts supported by facilitating policies of the government enabled the tax collecting agencies to achieve and surpass the revenue targets as a result more than 20% increase in …