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SBP

SBP stocks fall 3.09pc, go below $7bn mark

ISLAMABAD: The foreign exchange reserves, held by the central bank, remained on a downward trajectory for the fourth consecutive week, dipping 2.09% on a...
PSX

PSX viable platform for meeting infrastructural financing needs of govt

KARACHI: The Chairman Securities and Exchange Commission of Pakistan (SECP) Farrukh H. Sabzwari, along with his team comprising, Commissioner (Securities Market Division) and Executive...
Russia willing to invest $2 billion in Pakistan’s water and power projects

Russia willing to invest $2 billion in Pakistan’s water and power projects

ISLAMABAD: Russia has shown willingness to invest $2 billion in the country’s water and power sector projects, including for the Mohmand dam. According to a report...

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Islamic Banking & Finance

Manzar Naqvi Islamic finance offers alternative solutions to conventional finance that comply with the principles of Shari'ah. Islamic jurisprudence strives to promote moral and ethical values in establishing an economic system that outlaws the payment and receipt of interest, excessive uncertainty in business transactions and investment in prohibited industries. Initially, the...