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Riffat Mughal

Malaysia supplies world class talent for Islamic Finance, says Zeti - 0 views

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    KUALA LUMPUR: Malaysia, via the International Centre for Education in Islamic Finance (INCEIF), is supplying world class talent for the fast-growing Islamic finance, says chairman and chancellor, Tan Sri Dr Zeti Akhtar Aziz.
Riffat Mughal

Modern Economic Principles and Islamic Challenge - 0 views

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    Those who devour usury will not stand except as stand one whom the Evil one by his touch hath driven to madness. That is because they say: "Trade is like usury," but Allah hath permitted trade and forbidden usury. Those who after receiving direction from their Lord, desist, shall be pardoned for the past; their case is for Allah (to judge); but those who repeat (The offence) are companions of the Fire: They will abide therein (for ever) (275:2)
Riffat Mughal

IMF delegation to visit Pak in November says Hafeez - 0 views

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    WASHINGTON: A delegation from International Monitory Fund (IMF) would visit Pakistan in November informed Finance Minister Dr Abdul Hafeez Sheikh on Saturday.
Riffat Mughal

Pakistan says will be able to repay IMF loans - 0 views

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    WASHINGTON: Pakistan will have no trouble repaying a loan from the International Monetary Fund, its finance minister said on Monday, even though the country's economy has been hurt by heavy rains and floods.
Halal Tamweel

Malaysia's Alkhair says in the market for bank buy - 0 views

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    KUALA LUMPUR: Alkhair International Islamic Bank Malaysia is seeking central bank approval to start talks to acquire a Malaysian bank, its chief executive said on Thursday.
Halal Tamweel

Pakistan says goodbye to IMF: Beginning of a New Era? - 0 views

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    KARACHI: Pakistan does not have the intent to opt for another program of IMF loan as economy could bear the pressure alone to finance its budget deficit, said finance minister Dr. Hafeez Shaikh on Friday.
Riffat Mughal

High paid-up-capital necessary for sound financial system says Hasnain - 0 views

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    KARACHI: Syed Samar Hasnain, Director, Agricultural Credit & Microfinance Department, State Bank of Pakistan said that the paid up capital requirement set by the central bank for the microfinance banks is high. But it is necessary at the same time to ensure a sound financial system.
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