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Challenging The IBF Model – I

Challenging the IBF model – I

During an online search on relevant topics while writing this article, the author coincidentally lands on a page where a Professor from Scandinavia, apparently disturbed by the recurring collapses of…

Deadly arrogance

RELIGIONS, particularly Islam, are supposed to address the ethical ills that afflict mankind. In fact, in Islamic tradition, akhlaq (morals, ethics) is a well-developed science, deriving lessons from the Quran and ahadith…

Decline and decay of moral values

“Cum finis est licitus, etiam media sunt lictia” is the Latin for “the end justifies the means”. No. It doesn’t and must not be sanctioned with acceptance. If the end…

The real battlefield is intellectual

In the ancient city of Rabat, where the intellectual heritage of the Islamic world resonates in historic libraries and madrasas, the Vice Chancellors’ Forum of Universities in the Islamic World,…

Pakistan’s quiet moment

The Middle East today stands at the edge of another dangerous threshold. The escalating hostilities between Iran and Israel are no longer confined to tactical exchanges or proxy manoeuvrings –…

Deadly distractions

AMONG the innumerable miracles Donald Trump claims to have performed in the past four months, has he also sidelined the Netanyahu regime? That was one of the more lurid fantasies…

Politics and economy

Perhaps a better caption could have been politicians and economics but a fair sense of judgement prevailed. The subject is one of an incredible juxtaposition. The words apparently contrast each…

GoP Ijarah Sukuk: better investment option?

In Pakistan, we are fortunate in that our economy is endowed with a variety of both conventional and Islamic financial services and products. While the conventional financial services cater to…

Need for institutional reforms

Pakistan’s economy has started showing positive signs of recovery and resilience after years of grappling with inflationary pressures, fiscal imbalances, and external debt challenges. The Pakistan Bureau of Statistics (PBS)…