True riba-free Islamic banking
The motivation to provide interest- (riba) free financial services is derived from the desire of Muslim communities living in the modern age. The general perception of most of the critics…
The motivation to provide interest- (riba) free financial services is derived from the desire of Muslim communities living in the modern age. The general perception of most of the critics…
The act of narrowing down the universe of all potential stocks to a selected group of equities that meet the requirements of a certain investment strategy is known as stock…
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)…
Islamic banking aligns with the spirit, ethos, and value system of Islam and is governed by the principles laid down by Islamic Shariah. At the core, it is Riba-free banking…
The Construction industry plays a vital role in uplifting and developing economic structure of a country. In Pakistan, construction industry is 2nd largest industry that promotes expansion of infrastructure activities,…
The law is always catching up to the inventiveness of merchants. Islamic jurisprudence and commercial law, is no exception. Two modern inventions-the fiat-money banking system and the business corporation-have posed…
Pakistan's economy has been experiencing pressure since past few years. The country's current account deficit swelled by 43% to highest-ever level of $18 billion in the fiscal year ended June…
Islamic banks are constantly challenged with excess liquidity and the country is constantly in dire need of funds. Sounds like a heavenly match. However, their paths often do not cross…
Islamic finance has been growing leaps and bounds and is considered the fastest growing sector in the global finance and domestic economic system. The total assets under management (AUM) in…
A question is being raised today in many quarters as to which Shariah, or whose Shariah, is to be implemented in Pakistan. There are so many sects, it is claimed,…