Islamic banking: the challenges ahead
WILL our economic and financial system be able to eliminate riba (interest) by December 2027, as ordained by the Federal Shariat Court? If the past is any guide, this time…
WILL our economic and financial system be able to eliminate riba (interest) by December 2027, as ordained by the Federal Shariat Court? If the past is any guide, this time…
FROM the 1950s onwards, it became common practice to feed formula milk to babies, even newborns. Many women considered breastfeeding to be outdated or unnecessary, or they were ill and…
A study of Scopus, the world’s most comprehensive, multidisciplinary database of scholarly literature, data, and analytics reveals astonishingly positive figures about the progress made in the quality and quantum of…
Introduction: The digital revolution is sweeping across the globe, transforming traditional industries and reshaping how we interact with the world. Pakistan’s banking and financial sector is no exception, experiencing a…
Instead of keeping cash, depositors prefer to continue storing their money in banks despite nominal associated fees, if any. This trend has been evident over the last 20-30 years in…
An innovative economic solution to Pakistan's grave problems is the implementation of full reserve banking. The proposed system seeks to eliminate the colossal government debt burden and huge interest costs…
Pakistan’s significant debt servicing problem can be resolved through full reserve banking, eliminating high inflation, huge government domestic government debt, and interest costs. Full reserve banking represents a transformative shift…
Big banks in Britain are preparing for any future escalation of Western sanctions on China and have shared their “scenario planning” with the British and US governments, a senior banking…
A milestone move by the European Central Bank toward launching a digital euro within a few years means the time has come for the newest incarnation of money to prove…
Chinese banks are facing increasing risks from rising non-performing loans (NPLs) and diminishing returns, making them a lightning rod for investors’ worries about the world’s second-largest economy. Concerns about their…