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Sustainability and Islamic finance

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)…

Environmental sustainability under EU’s GSP+ — II

Pakistan has ratified all conventions related to climate change and ozone depleting substances (ODSs). The global GHG emissions data indicates that Pakistan contributes to around 1% to these emissions (UNEP…

Sustainable livestock

As the 2022 United Nations Climate Change Conference (COP27) proceeds in Egypt, few seem to be acknowledging that the elephant in the room is actually a cow. The livestock sector…

Textile sector: sustainable business practices

One of the most important industrial sectors, the textiles industry contributes significantly to national economies, job creation, and exports in developing nations such as Pakistan. The size of the global…

‘Environmentally sustainable’ bonds

Pakistan faces a significant challenge to finance its large trade deficits and external debt repayments. This is reflected in the sharp drawdown of the SBP (State Bank of Pakistan) foreign…

IMF’s questionable approach to govts

Minister of State for Finance and Revenue, Dr Aisha Ghaus Pasha, while addressing an event at the Lahore Chamber of Commerce and Industry this week, made some honest disclosures, notably: “We…