Religious Tourism, A Savior For Pak Economy?
Lately, we have been following news about the Pakistani government`s bold initiatives to increase the number of foreign visitors by opening up the …
pakistan
Pakistan Fast Becoming A Heaven For Tourists
Pakistan is fast becoming a heaven for tourists from all over the world. It has opened up its doors to the Sikhs from every corner of the world by …
Egypt To Invest US$1b In Pakistan
Egyptian companies plan to invest $1 billion in Pakistan’s energy, infrastructure, halal food, and tourism sectors, the Arab News reported …
Increased Islamic Banking Penetration Supports Pakistani Banks’ Profitability
Moody’s Investors Service has in its report on Pakistan’s Islamic banking landscape highlighted the increase in banking sector’s profitability due to …
Sukuk Market Gaining Ground In Pakistan
The Sukuk market in Pakistan is witnessing substantial growth as the country increasingly taps into the potential of Islamic finance to diversify its …
Islamic Banks In Pakistan To Offer Refinancing To Their Clients
MENAFN – Gulf Times) The central bank of Pakistan has given the go-ahead to Islamic banks to offer cheaper refinancing to three priority areas …
Pakistan Wants To Follow Malaysian Economic Model
Prime Minister Imran Khan, on a two-day official visit to Malaysia, said Pakistan intended to learn from Malaysia’s economic development and progress …
Grand Jamia Mosque: A Fusion of Traditional Islamic Architecture and Pakistani Culture
Located in Bahria Town Lahore, the Grand Jamia Mosque is truly an architectural masterpiece. With a capacity to hold 70,000 visitors, the Grand Jamia …
Pak Halal Certification Body to Launch Halal Defence Fund
A legal “fighting fund” is planned by the Halal Food Authority (HFA), the certification body, to meet what it said was an increasing number of …
‘Meat Price Deregulation to Increase Pak Exports’
LAHORE: De-regulation of meat prices in the local market is a prerequisite to improve the product’s supply in the country and to increase the …
‘Halal Food can take Pakistan’s Exports to new Heights’
LAHORE: Halal food can take the country’s exports to new heights, but the government continues to ignore it. Halal food, particularly beef and meat is …
Pakistan Failing to Make Money from Halal Goods Trade
By 2018, the halal food trade market will soar beyond $1.6 trillion. Halal products beyond food such as cosmetics and pharmaceuticals nearly …
Islamic Banking Sector in Pakistan Progressing, Says Sindh Governor
Muhammad Zubair assured that federal government will provide every possible assistance in removing hurdles in way of Islamic banking.
Sindh Governor …
Pak Meat Exports on the Decline
PAKISTAN’S meat exports are on the decline despite a global trend of rapid growth. The Trade Development Authority of Pakistan (TDAP) figures that the …
Malaysian Investment in KPK: Halal Food & Oil-Gas Projects in Pakistan
In an ambitious move to bolster economic development and foster international partnerships, the Khyber Pakhtunkhwa (KP) government, alongside a …
Why Pakistan’s Islamic Banking Industry Can Only Get Better?
Islamic banking is growing in Pakistan. This is the view of Islamic scholars who spoke at a seminar arranged by the Securities & Exchange …
FBR, Pakistan Suggests Shariah-Compliant Criteria For Companies
The Federal Board of Revenue (FBR) has proposed Shariah-compliant criteria for companies whose shares are traded on a stock exchange to avail the …
Pakistan’s GDP Growth Rate Is Even Higher Than That Of China: Harvard Study
Pakistan’s predicted annual growth rate over the next 10 years is nearly 6 per cent, according to the revised growth projections presented by …
Pakistan To Use Islamic Finance For Infrastructure Deals
Pakistan is stepping up its use of sharia-compliant financing to fund infrastructure deals, which could help to promote the use of longer-term …
Pakistan Eyes Rs100bln In Islamic Bonds For Hydropower Project
DUBAI: Pakistan’s government will guarantee Rs100 billion ($955 million) worth of Islamic bonds to fund what would become the country’s …
Standard Chartered Expands Islamic Finance Services In Pakistan
Karachi—Standard Chartered Saadiq, the dedicated Islamic Banking division within Standard Chartered Bank has enhanced its offering for clients looking …
Pakistani Banks To Reach Out To Unbanked Masses
Pakistan’s economy presents great opportunities for the banking sector. Habib Bank is hoping to bring an end to its unbanked masses
Now that …
Pakistan Halal Authority To Start Functioning Within Two Months
Islamabad: Federal Minister for Science and Technology Rana Tanveer Hussain has said that the National Assembly has passed a bill to establish …
Pakistan’s Central Bank Expands Local Currency Sukuk Sales
Feb 8 Pakistan’s central bank is expanding issuance of local currency Islamic bonds (sukuk), auctioning 100 billion rupees ($955 million) worth …