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Sustainability and Islamic finance

The unique characteristic of Medina Economics is the fact that almost all the building blocks of the Islamic economic system were completed in the lifetime of the Prophet Muhammad (PBUH)…

PSX – A platform for debt issuance and listing

Companies can raise capital, essentially, in two main ways: through equity listing on the stock exchange or through debt issuance, i.e. by issuance of bonds independently or on the stock…

The big solution?

MY forays into the annals of Islamic finance history often take me to new places. I walk through the arched domes, the cobbled streets with the minarets on the horizon…

SBP bill causes major controversy

The federal cabinet early this week approved the State Bank of Pakistan (SBP) ‘Amendment Bill 2021’. Reportedly, the bill advocates fundamental changes in the SBP founding laws of 1956. According to finance…