The 18th Amendment
To understand the significance of the 18th Amendment we need to keep in mind at least three earlier amendments: 8th, 13th, and 17th. In addition, the Charter of Democracy signed…
Effective reforms advocated to tap potential of Islamic finance
Insisting that Islam's social protection system corresponds to the multiple UN Sustainable Development Goals and serves as an excellent tool to build resilience across social and economic spheres, experts during…
Redefining Pakistan’s economy
This article is an effort on not only understanding the fundamental economic issues but also some tough but realistic reforms that can provide immediate corrections and some medium to long-term…
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)…
The morning after November 29
Welcome to November 22, 2022. There are now only seven short, autumnal days to go. Exactly one week from today, Pakistan will breathe a sigh of relief (or shudder with…
Terrorism financing in Pakistan
Terrorism is a contested term -- difficult to define, and a cause of contention in academics and policymaking for years. There is no universal definition of terrorism. According to the…
Let’s try Adulting 101
Cryptocurrencies are another one of those things Gen Xers and Baby Boomers have a hard time understanding and accepting. While many bankers are still sceptical of today’s cryptocurrencies, they do…
Fixing the economy
Pakistan’s GDP is $263 billion; and the country’s expenditure is more than its income. According to the Pakistan Economic Survey, the fiscal deficit is around Rs4 trillion. Therefore, the government…
Sadaqah of soul
OF the five basic tenets of Islam, giving away a part of one’s material wealth is an essential one. In normal parlance, this is zakat, that is usually calculated as…
Reforming tax system
Tax reform is a policy implementation by the government through which a few alterations are made to the tax system in order to overcome the loopholes and enhance the effectiveness…
