State Bank of Pakistan has yet to answer about some questions on Islamic banking

State Bank of Pakistan has yet to answer about some questions on Islamic banking

State Bank of Pakistan has yet to answer about some questions on Islamic banking  Muhammad Arif SBP has been declared best Central Bank for promoting Islamic finance Karachi (January 11,2018): The State Bank of Pakistan has been voted as the...
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Role of two banks of Pakistan in Islamic banking

Role of two banks of Pakistan in Islamic banking

Role of two banks of Pakistan in Islamic banking   In the competitive environment there are various banks which are providing the services related to Islamic banking. Banks which are following the Islamic laws are registered under the state bank...
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Bahrain as model of Islamic banking and finance

Bahrain as model of Islamic banking and finance

Bahrain as model of Islamic banking and finance Manzar Naqvi Bahrain’s Islamic finance (IF) industry has been in existence for more than 30 years, and the industry gained momentum in the last 5-10 years. Bahrain operates a dual system where...
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Takaful i.e. Islamic insurance the need of Pakistan

Takaful i.e. Islamic insurance the need of Pakistan

Takaful i.e. Islamic insurance the need of Pakistan The estimated 200 million population of Pakistan represents a huge market for Takaful and insurance industry. With a large population shying away from insurance due to religious reasons and equally large popu...
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Islamic banking in Pakistan overview

Islamic banking in Pakistan overview

Islamic banking in Pakistan overview Muhammad Arif (Chairman CAIF) Everyone in Pakistan is amazed over the fast-track popularity of Islamic banking. Latest reports show the position as provided in table 1. Financing and related assets (net) of Islamic banking ...
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Islamic finance in 2018 – What is to be done

Islamic finance in 2018 – What is to be done

Islamic finance in 2018 – What is to be done Muhammad Arif (Chairman CAIF) Views expressed in this article are in the light of a report by S&P Global Ratings. The Islamic finance industry will lose some momentum in 2018,...
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Islamic banking in Bangladesh

Islamic banking in Bangladesh

Mohammed Arifeen Islamic banking is growing rapidly in Bangladesh with a market share of about 20 percent, though the country does not have a full-fledged law for the sector, according to a research. “Islamic banking is profitable from all aspects,&#8221...
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Islamic finance and banking in coming years

Islamic finance and banking in coming years

Mubasher Mir Islamic finance’s metamorphosis from a niche corner of global banking to a growing source of funding for rest of the world has been aided by a storied list of borrowers who have sold sukuk in recent years. The...
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Islamic finance offers alternative solutions

Islamic finance offers alternative solutions

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 a...
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Islamic banking in Africa

Islamic banking in Africa

Muhammad Arif (Chairman CAIF) Access to finance and infrastructure funding can help Africa’s economic development journey. Islamic finance can increase access to finance and can help bridge the infrastructure gap in Africa. The G20’s German Preside...
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Islamic banking and finance in Pakistan targets are required to be set a fresh

Islamic banking and finance in Pakistan targets are required to be set a fresh

Mohammed Arifeen Islamic Banking Industry in Pakistan has grown at a fast pace ever since its re-launch in 2001. Starting from almost scratch the Islamic banking industry now represents 11-12 % of overall banking system with 19 banking institutions offering...
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