As Pakistan does all it can to fix its budget deficit and depleting foreign currency reserves, Islamic finance is increasingly pushed to the center stage to help save the economy. The Islamic finance effect is evident in two important economic events of the year: the annual budget and the ...
11. The two sides agreed to actively promote the implementation of the Framework Agreement on Industrial Cooperation to support Pakistan's industrialization, and encourage Chinese companies to set up manufacturing facilities in Pakistan. The two sides reiterate that CPEC is an open and inclusive platfo...
MALAYSIA: Malaysian property developer issues Islamic commercial paper worth RM30 million (US$6.72 million) MALAYSIA: Investment management company launches Islamic notes worth RM37 million (US$8.28 million) in total MALAYSIA: Agribusiness company in Malaysia prints Islamic papers worth RM200 million (U...
Dr Shamshad Akhtar, Chairperson of PSX, welcoming the delegates, said the Islamic finance industry in Pakistan had witnessed remarkable growth in assets and popularity. “Our journey began modestly, yet today, we boast a dynamic and fully operational Islamic banking sector. Our capital market ...
Meezan Bank was formerly known as Al-Meezan Investment Bank. It was founded in 2002 and is based in Karachi, Pakistan. Bank AlJazira Bank AlJazira (Tadawul: 1020) provides banking products and solutions. The bank offers a variety of services including online banking, personal and real estate ...
A chartered professional in Islamic finance, Alliwala holds an MBA from the Institute of Business Administration in Pakistan. Last month, Standard Chartered’s Saadiq’s arm, in a collaboration with the Malaysian Halal Development Corporation, launched a $100 million Islamic financial programme dedicat...
The talks were attended by IMCTC member states, including Gulf countries, Egypt and Pakistan. ■NewsChinaBizCulture&LifestyleWorldSportsIn-depth RegionsAsia&PacificEuropeMiddle EastAfricaNorth AmericaSouth AmericaOrganizations ServicesInvestmentDoing BusinessWork in ChinaStudy in ChinaVisit ChinaLive in China...
Other mature Asian Islamic finance markets include Bangladesh, Brunei and Pakistan where sharia-compliant assets make up more than 15% of total bank assets. Surprisingly, Islamic finance is still in its infancy in Indonesia even though its population is 90% Muslim. In 2023, sharia-compliant lender...
(US$6.46 million) TURKIYE: Vakif Katilim confirms support for IFN Turkiye Dialogues 2024 as partner SAUDI ARABIA: Food manufacturer in Saudi Arabia upsizes Murabahah facility with local bank BAHRAIN: Islamic bank in Bahrain announces appointment of new CFO PAKISTAN: Pakistani utility company prepares ...
Aman, J.; Abbas, J.; Mahmood, S.; Nurunnabi, M.; Bano, S. The influence of islamic religiosity on the perceived socio-cultural impact of sustainable tourism development in Pakistan: A structural equation modeling approach.Sustainability2019,11, 3039. [Google Scholar] [CrossRef] [Green Versio...