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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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Emerging Islamic banking in Bangladesh

Emerging Islamic banking in Bangladesh

The rapid growth of Islamic finance has drawn the attention of national policy makers. There is growing acknowledgement of the contribution that Islamic finance can achieve the object of economic and social development. The expanding size of the Islamic banking …

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Islamic Finance – (facts & figures)

Home Remittances & Exchange Companies

Region wise Islamic branches (December 31, 2017) Province/Region Total Number Share (%) Punjab 1,234 47.8 Sindh 750 29.1 Khyber Pakhtunkhwa 296 11.5 Baluchistan 106 4.1 Federal Capital 134 5.2 AJK 40 1.5 Gilgit Baltistan 12 0.5 FATA 9 0.3 Total …

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Budget 2018-19: Aftermath

Budget 2018-19: Aftermath

Let’s analyze the impact of the Federal Budget 2018-19 announced a couple of weeks ago by the couple-of-week old Finance Minister, Miftah Ismail. Should the incumbent Finance Minister have been happy by talking about the $1 billion commercial loan received …

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Highlights of economic survey FY18

Highlights of economic survey FY18

A Report by Topline Securities Limited Pakistan’s Ministry of Finance published the Annual Pakistan Economic Survey for FY18. As per the Economic Survey, Pakistan’s GDP grew by 5.8% in fiscal year ending June 2018 (FY18), after 13 years, compared to …

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Review of PSDP in budget 2018-19

Review of PSDP in budget 2018-19

Adviser to Prime Minister on Finance, Revenue and Economic Affairs, Dr. Miftah Ismail has stated the next Budget of fiscal year 2018-19 would not have an increased Public-Sector Development Program (PSDP) budget. Mr. Ismail has said the next year’s development …

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