Modarabas are playing significant role for the promotion of Islamic finance within the country More availability of trained employees and awareness within the public key path to make progress Interview with Muhammad Shoaib Ibrahim — MD & CEO, First Habib …
Read More »Surging consumer financing help promoting Islamic, modaraba sector reach
Consumer financing has seen a surge in the last two fiscal years primarily due to a big jump in auto loans and to some extent expansion of mortgage finance. Banks had made net consumer financing of Rs31.2 billion in 2014 …
Read More »Thriving mutual funds industry can lead economy grow up
Mutual funds play an essential role for channelizing and optimal allocation of idle resources/savings available in the economy of the individual as well as institutional investors. The mutual funds are asset management companies, which invest in stocks, bonds and other …
Read More »SECP-led reforms push modaraba’s asset base to Rs41bn in six months
The scope of modaraba needs to be expanded across the country Modaraba sector is catering to a wide range of Shariah-compliant businesses, including leasing, manufacturing, trading, financial services, SME and halal food. Recent reforms and strengthening of regulatory framework by …
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