Islamic finance looks to outgrow bad habits as it expands
After a year of landmark deals which are opening new markets for Islamic finance, the industry is under fresh pressure to address some of its shortcomings and prove that it…
Islamic history
This is a continuation of the abstracts from an excellent article by Mahnoor Khan, posted by Pak Tea House, Lahore and forwarded to me by Barrister Dr Muhammed Javed Iqbal…
Islamic history
My dear friend and noted lawyer, Barrister Muhammed Iqbal Jafree of Salarpur, forwarded me a gem of an email from Ms Mahnoor Khan, which she had sent to Pak Tea…
Promoting Islamic finance
The government recently formed a high-powered committee to examine the current state of Islamic finance and suggest measures for future development. The share of Islamic banks, introduced in Pakistan in…
Islamic banking nears its big breakthrough in Africa
Islamic banking has grown rapidly around the world but the industry remains in its infancy in Africa. However, that might be set to change. There was a noticeable buzz at…
Democratisation of capital – PTI’s Islamic finance policy
"The adoption of Western economic theory and practice will not help us in achieving our goal of creating a happy and contended people. We must work our destiny in our…
Who says countries are permanent?
We should know this more than others. The Pakistan of 1947 is not the Pakistan which exists today, one half of it having broken away to form another country. I…
PIA privatisation
As Pakistan International Airlines Corporation (PIA) faces the prospect of privatization, it is imperative to examine global precedents for lessons and cautionary caveats. The privatization wave that swept across the…
Learning from the kingdom
While Pakistan considers selling its national airline PIA to Saudi Arabia, Qatar, and the UAE, it is worth noting that the national airlines of those countries were originally established, nurtured,…
World Quds Day
This year’s World Quds Day is commemorated under circumstances in which we are witness to one of the biggest cases of murder and genocide in history. The deep humanitarian catastrophe…
