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Riffat Mughal

NBFI, MAP stress on comprehensive Shariah Compliance system - 0 views

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    ISLAMABAD: The non-bank financial institutions (NBFI) and Modaraba Association of Pakistan (MAP) Tuesday stressed the need for comprehensive system of Shariah compliance to keep intact the confidence of the stakeholders in the Islamic financial system.
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.
Riffat Mughal

Egalitarian Objectives & Present State of Islamic Finance - 0 views

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    There are 5 full-fledged Islamic banks operating in Pakistan and 15 conventional banks with Islamic banking branches. The growth in Islamic finance industry has been consistently in double digits. The share of the industry in the banking system has risen to over 7 percent from just 0.5 percent in 2002.
Riffat Mughal

Asian stocks edge up, euro stalls as caution prevails - 0 views

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    SINGAPORE: Asian stocks edged higher and a rally in the euro stalled on Wednesday, as investors looked for more signs that European leaders were tackling a debt crisis that threatens the financial system before committing bolder market bets.
Halal Tamweel

Firm buying at Pakistan cotton market - 0 views

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    KARACHI: Persisting rains in Sindh damaged crop further, bad sewerage systems in the province not only created transportation problems but also damaged roads which caused late delivery of cotton at the market.
Riffat Mughal

Fundamentals of Islamic Securitization - 0 views

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    Asset backed securitization is compatible with Islamic financial concepts as the financing products in Islamic financial system are backed by real assets.
Riffat Mughal

Mudarabah Makes Its Name in Pakistan's Stock Markets - 0 views

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    Mudarabah is one of the prime modes of Islamic Financial System. Mudarabah is a kind of partnership, wherein one party provides finance to the other party for the purpose of carrying on business.
Halal Tamweel

APTMA welcomes LNG Policy 2011 - 0 views

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    Karachi: All Pakistan Textile Mills Association (APTMA) has embraced the proposed Liquefied Natural Gas (LNG) Policy 2011 and appreciated the efforts of federal government for taking interest in bringing LNG into the system, said by APTMA Chairman Gohar Ejaz.
Riffat Mughal

Market Mechanism: Useful or Useless? - 0 views

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    As per Islam, this world is a place for test and this test requires some people to be privileged and some to be deprived so that people can meet their needs interdependently.
Riffat Mughal

The Future of Islamic Banking Sector - 0 views

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    Shayne Nelson, Regional CEO, MENA, Standard Chartered talks about the future of Islamic Banking sector after the great financial crisis.
Riffat Mughal

Selecting the Best Funds: Learn to use SHARPE Ratio - 0 views

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    Sharpe ratio is named after William F. Sharpe who introduced a risk-adjusted measure of return that is often used to evaluate the performance of a portfolio.
Riffat Mughal

Islamic Credit Cards: A Necessity or Luxury - 0 views

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    Islamic never encourages one to become indebted unless it is necessary. Following Ahadith show the viewpoint of Islam on debt creation, especially while it is beyond one's capacity to repay and to what extent it should be avoided and used to meet only one's necessary requirements.
Riffat Mughal

Islamic Finance: Need for a Paradigm Shift - 0 views

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    The original concept of Islamic finance is undoubtedly in favor of equity participation rather than creation of debts because it is only equity participation that brings an equitable and balanced distribution of wealth in the society.
Riffat Mughal

Shariah Compliance: A Human Resource Perspective - 0 views

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    Investment in stocks is permissible in Islam. However, forwards, futures, options, swaps, short selling etc in stock trade cannot be used.
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