Tag Archives: Islamic

Must focus on strategy, certification and making standard in marketing and packaging Halal food is often used in reference to foods and drinks, which are permissible for Muslims to eat or drink under Islamic teachings. The criteria specifies both what …

Pakistan — a country of over 200 million souls, although the sixth largest (population wise) country of the world, yet it has not been able to fully tap the potential and resources and has literacy rate less than 60%. The …

Islamic finance industry in Pakistan has witnessed a strong growth in Pakistan over the last decade, with the share of Islamic banking sector reaching 14.8% of the total banking market and share of Islamic mutual fund industry capturing 30% market …

Islamic banking is one of the emerging fields in global financial market. It is growing at very fast pace all around the world. Islamic investment banks and Islamic venture capital funds are yet to be launched in Pakistan. Islamic banking …

Islamic banking was re-launched in Pakistan with the commencement of operations by Meezan Bank, as a full service Islamic bank more than two decades ago. To avoid the fallout of making an attempt to shift to Shariah-compliant banking from Riba-based …

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 …

Country is moving towards creation of a supportive framework for Shariah-compliant banking The world’s most populous Muslim nation, so far a laggard in developing a comprehensive Islamic finance industry, took a big leap towards the creation of a supportive framework …

During the six months period ended June 30, 2018 the National Bank of Pakistan’s (NBP) balance sheet posted 12.1 percent growth and stood to Rs 2,657.79 billion in June 2018 as compared to Rs 2,369.88 billion as of December 31, …

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 …

Shariah-compliant framework likely to be practice in Britain’s transactions next year The global Takaful industry is expected to experience strong growth driven by demand from Islamic countries according to speakers at World Takaful Conference, organized recently. Gulf Cooperation Council (GCC) …