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- MALAYSIA: FWD Takaful names James Loh as new chairman
- GLOBAL: IFSB adopts standards on financial inclusion and lender-of-last-resort facilities
- US: Sidra Capital acquires second US industrial real estate portfolio in US$206 million deal; AUM grows to US$2 billion
- SAUDI ARABIA: Tawuniya inks agreement with Ministry of Hajj and Umrah to cover foreign pilgrims
- BAHRAIN: Islamic International Rating Agency reaffirms GFH’s ‘BB/B’ ratings
- SAUDI ARABIA: Saudi Arabian Monetary Authority releases draft rules for activities supporting financing
- IRAN: Central Bank of Iran enhances anti-money laundering rules by imposing new ceiling on interbank transactions
- IRAN: Central Bank of Iran extends IRR70 trillion (US$500 million)-worth of financings to startups and knowledge-based companies since March
- BAHRAIN: National Bank of Bahrain makes official offer to fully acquire Bahrain Islamic Bank
- SAUDI ARABIA: Ehab Mohammed Al-Dabbagh resigns from Buruj Cooperative Insurance Company’s audit committee
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Tag Archives: Developing Countries
Issues in the Implementation of Ushr in Pakistan
Syed Hassaan Ali Ushr is the financial obligation levied at the rate of 10% on agricultural output in Islam. There are several hurdles and issues which are hampering its successful implementation in Pakistan. This article attempts to discuss those issues … Continue reading
Posted in Articles on Islamic Economics
Tagged Agricultural Income Taxation, Agriculture Sector, Developing Countries, Development, Direct Taxes, Fiscal Policy, Islam, Islamic Economics, Khums, Pakistan, Pakistan Economy, Poverty Alleviation, Public Economics, Tax Evasion, Tax Policy, Ushr, Zakat
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