Tag Archives: Banking

Islamic Banking must not be considered as just the execution of Shariah compliant transactions. It must be done with the determination to follow the rules and principles of Islam in every activity and action during the banking hours. Difference between …

The Islamic financial industry has witnessed a phenomenal growth in the past decade in terms of the number of Islamic financial institutions and their asset base which is a strong indicator of its steady demand at the grass-root level. In …

A youth in his late 20s, a banking professional, was not glad when asked about his investment. He disclosed that he invested certain amount in one asset management company with the aim that his money would compound. As per his …

Banking sector accounts for around three-fourth of Pakistan’s financial sector. A robust banking sector is a healthy sign for the economy of a country. It is this sector that plays the role of financial intermediation between savers and investors, which …

“Financial peace isn’t the acquisition of stuff. It’s learning to live on less than you make, so you can give money back and have money to invest. You can’t win until you do this.”― Dave Ramsey Finance is always of great …

Although P2P network is still only a small part of the global banking landscape, a number of convergent trends are powering its growth as an industry. The youth are increasingly eager to transact online round the clock. The ‘Big Data’ …

Keep innovating is the only option of banking sector survival Interview with Mr Hamad Rasool Bhullar — a freelance consultant in Business and Financial Advisory PAGE: Tell me something about yourself and your organization, please: Hamad Rasool Bhullar: I am a …

The State Bank of Pakistan (SBP) stated that the network of Islamic banking industry comprised of 21 Islamic banking institutions such as; 5 full-fledged Islamic banks (IBs) and 16 conventional banks having standalone Islamic banking branches (IBBs) by end September, …

The problem – or privilege – of having a lot of foreign debt is one shared mainly among industrialized nations. Topping the ranking of the countries that borrowed most from others is the United States, which is 17.91 trillion U.S. dollars …

The above table gives a snapshot of banking industry performance at the close of third quarter of CY2018. From the table, key industry figures could be summarized as below: 1. Assets: PKR 16,728 Billion 2. Deposits: PKR 12,937 Billion 3. Equity: PKR …