Finance – Pakistan & Gulf Economist http://www.pakistaneconomist.com Pakistan's Business Financial Magazine Mon, 24 Sep 2018 12:05:30 +0000 en-US hourly 1 https://wordpress.org/?v=4.9.8 Low cost housing solution: a distant dream or reality? http://www.pakistaneconomist.com/2018/09/24/low-cost-housing-solution-a-distant-dream-or-reality/ http://www.pakistaneconomist.com/2018/09/24/low-cost-housing-solution-a-distant-dream-or-reality/#respond Sun, 23 Sep 2018 19:56:37 +0000 http://www.pakistaneconomist.com/?p=20688 Low cost housing for a vast majority of the people poses an enormous challenge in terms of availability of affordable land and finances. The problem is rooted in socio-economic conditions and the solutions are handicapped by obstacles in the lending environment, made worse by speculative investments in real estate and lack of an ‘integrated, broader …

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An important step for the Islamic Financial Industry of Pakistan: Senate resolution 393 http://www.pakistaneconomist.com/2018/09/17/an-important-step-for-the-islamic-financial-industry-of-pakistan-senate-resolution-393/ http://www.pakistaneconomist.com/2018/09/17/an-important-step-for-the-islamic-financial-industry-of-pakistan-senate-resolution-393/#respond Sun, 16 Sep 2018 19:59:58 +0000 http://www.pakistaneconomist.com/?p=20576 Over the past few years, Pakistan’s economy is facing a bad patch. Some of the economic parameters are at a still and majority of them are deteriorating. The government is unable to fulfil the needs of the population due to this sluggish growth and widening fiscal imbalance. The country’s current account deficit swelled by 43 …

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Five Million Houses Program: Could the Govt become guarantor for the mortgage payments? http://www.pakistaneconomist.com/2018/09/17/five-million-houses-program-could-the-govt-become-guarantor-for-the-mortgage-payments/ http://www.pakistaneconomist.com/2018/09/17/five-million-houses-program-could-the-govt-become-guarantor-for-the-mortgage-payments/#respond Sun, 16 Sep 2018 19:58:06 +0000 http://www.pakistaneconomist.com/?p=20570 Owning a house is a distant dream of millions of Pakistanis, particularly in the urban areas. Way back in 1970s, the general populace heard and believed the slogan of owning a house which according to many could not materialize since there are millions in Pakistan even today who live a life of a vagabond. In …

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Balochistan’s right to use formal financial services http://www.pakistaneconomist.com/2018/09/17/balochistans-right-to-use-formal-financial-services/ http://www.pakistaneconomist.com/2018/09/17/balochistans-right-to-use-formal-financial-services/#respond Sun, 16 Sep 2018 19:53:55 +0000 http://www.pakistaneconomist.com/?p=20531 Balochistan still lacks proper system of financial inclusion. Simply speaking, it still lacks access to formal financial services including savings, credit, insurance and payments vis-à-vis formal financial intermediaries, at an affordable cost. There is no doubt that the province offers tremendous opportunities for growth of financial sector as the security situation in Balochistan continues to …

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Knowing of Islamic Funds industry in Pakistan http://www.pakistaneconomist.com/2018/09/03/knowing-of-islamic-funds-industry-in-pakistan/ http://www.pakistaneconomist.com/2018/09/03/knowing-of-islamic-funds-industry-in-pakistan/#respond Sun, 02 Sep 2018 19:52:01 +0000 http://www.pakistaneconomist.com/?p=19826 Pakistan is not at expected standard in growth and development of Islamic finance despite being an Islamic country while in the world the Islamic financing taking better and fast progress. Islamic finance has shown an impressive growth and diversification over the past three decades. Islamic funds industry has yet to evolve develop and grow with …

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Reign of takaful business likely to take stage in next five years http://www.pakistaneconomist.com/2018/08/13/reign-of-takaful-business-likely-to-take-stage-in-next-five-years/ http://www.pakistaneconomist.com/2018/08/13/reign-of-takaful-business-likely-to-take-stage-in-next-five-years/#respond Sun, 12 Aug 2018 19:49:01 +0000 http://www.pakistaneconomist.com/?p=18986 Pak-Qatar products advocating purest form of Islamic financing to transform the social and economic system Interview with Muhammad Nasir Ali Syed – CEO, Pak-Qatar Family Takaful PAGE: Tell me something about yourself and your profession, please: Muhammad Nasir Ali Syed: My nature of work involves helping people in time of dire need. There is no bigger …

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Green financing: a plan for sustainable future http://www.pakistaneconomist.com/2018/08/06/green-financing-a-plan-for-sustainable-future/ http://www.pakistaneconomist.com/2018/08/06/green-financing-a-plan-for-sustainable-future/#respond Sun, 05 Aug 2018 19:59:47 +0000 http://www.pakistaneconomist.com/?p=18743 Pakistan is a country which is blessed with enormous reserves of natural resources. The economy of Pakistan is growing at the rate of 5.7 percent and consequently the growth demands higher energy consumption. The major energy sources of Pakistan are oil, gas and hydel energy which are backbone of the country. Apart from all these …

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Balochistan’s growth in dire need of attention http://www.pakistaneconomist.com/2018/07/30/balochistans-growth-in-dire-need-of-attention/ http://www.pakistaneconomist.com/2018/07/30/balochistans-growth-in-dire-need-of-attention/#respond Sun, 29 Jul 2018 19:51:15 +0000 http://www.pakistaneconomist.com/?p=18546 The upcoming government-led by Imran Khan, the leader of Pakistan Tehreek-e-Insaf (PTI) who has taken absolute majority after July 25 elections-2018 is committed to invest in human resources. Human development remains the key in tackling the huge poverty challenge in the country. A healthy, skilled and educated population can work better for the economic progress …

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Strengthening Islamic Banking http://www.pakistaneconomist.com/2018/06/11/strengthening-islamic-banking/ http://www.pakistaneconomist.com/2018/06/11/strengthening-islamic-banking/#respond Sun, 10 Jun 2018 21:49:27 +0000 http://www.pakistaneconomist.com/?p=17147 The general perception is that Islamic banking in Pakistan is making progress in leaps and bounds. The supporting arguments are number of branches offering this facility, percentage of deposits held by Islamic financial institutions (Islamic banks and designated Islamic banking branches of conventional banks and Islamic banking attaining the status of first choice. However, some …

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Need of Islamic finance diversification http://www.pakistaneconomist.com/2018/05/28/need-of-islamic-finance-diversification/ http://www.pakistaneconomist.com/2018/05/28/need-of-islamic-finance-diversification/#respond Sun, 27 May 2018 22:05:27 +0000 http://www.pakistaneconomist.com/?p=16857 Islamic funds industry has not yet fully developed and diversified in Pakistan whereas Islamic finance can find rich social grounds for its growth and expansion in the country with over 95 percent Muslim population. What primarily concerns the users of Islamic financial services is the Shariah compliance of the services. Non compliance of Islamic law …

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