Diminishing musharika
Conceptually, Islamic Banking broadly connotes as a banking which is in consonance with the ethos and value system of Islam and is being governed by the principles of Islamic Shariah…
Atlas: the stranger that stirred the solar system
When news first broke that a foreign body, nicknamed Atlas, had drifted into our solar system from the deep unknown, the story ignited imaginations across the world. Unlike the countless…
Green Sukuk
The Ministry of Finance recently issued Pakistan’s first Green Sukuk, valued at Rs30 billion, under the Sustainable Investment Sukuk Framework, marking a turning point in Pakistan’s sustainable finance journey. Announced…
Islamic banking dilemmas
In a groundbreaking move, the State Bank of Pakistan (SBP) has committed to converting the country’s entire banking system into a Shariah-compliant Islamic model by December 2027. This ambitious step…
Manipulating consent
The advent of information technology was rightly hailed as a game-changing development. No other scientific intervention in history has revolutionized the manner of human interaction and thought formation the way…
What nations remember
One of the primary goals of any country is to ensure its survivability. Had Pakistan not maintained its robust armed forces, it would have been prey to the Indian assault…
The future of electric vehicles [Part – II]
Are electric vehicles (EVs) economical or affordable? Although an EV may not be exactly economical, it is fast approaching the required cost objectives. Rising demand and scale economies would bring…
Tax incentives for NRPs — I
The coalition government of Pakistan Tehreek-i-Insaf (PTI) on February 11, 2021 opted to issue second Presidential Ordinance VI of 2021 [Tax Laws (Amendment) Ordinance, 2021] inserting new provisions and amending…
Failure of the marketplace of ideas
Last week saw a mob of armed insurrectionists, numbering in the thousands, storm Capitol Hill and burst into the halls and offices of the Senate and Congress. Trump-friendly media outlets…
The C/A slide
There has been a sustained erosion of the rupee value vis-a-vis the dollar subsequent to the categorical statement by the caretaker finance minister Dr Shamshad Akhtar that market intervention to…
