Business
CRISIS LOOMING OVER ISLAMIC BANKING INDUSTRY
Karachi, October 18, 2018: An imminent crisis is brewing for the Islamic banking industry as a major chunk of its liquidity instruments starts maturing this December. The Islamic banking industry in terms of deposits is approximately 15 percent of the total banking industry. The total banking industry as of June 2018 was approximately 13 trillion;…
Finance supplementary Bill 2018 by PTI govt
Islamabad, October 18, 2018: On the eve of the announcement of the Finance Supplementary (Amendment) Bill 2018 by the newly elected PTI Government, there is perhaps no better opportunity than now to implement the Senate resolution moved by PTI Senator Syed Shibli Faraz and unanimously passed by the Senate of Pakistan on 9th July 2018….