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- UPDATE 1-Goldilocks Investment buys 29.5 pct stake in Dubai-listed Takaful Emarat
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Islam and Economics
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Tag Archives: Pakistan Economy
Challenges for Islamic Banking in Pakistan
Salman Ahmed Shaikh Islamic banking in Pakistan is an established industry with 12% market share achieved in just over a decade. There are 5 full fledged Islamic banks and more than 15 other commercial banks that operate Islamic banking windows … Continue reading
Role of Islamic Banks in Energy Finance in Pakistan
Salman Ahmed Shaikh Energy crisis in Pakistan has worsened in recent years leading to loss of output, increased incidence of manufacturing unemployment, cost push inflation, capital flight, low manufacturing capacity utilization and loss of export markets. The contributing factors to … Continue reading
Do Islamic Banks Cost More in Pakistan?
Salman Ahmed Shaikh There are 5 full-fledged Islamic banks operating in Pakistan and more than 15 conventional banks with Islamic banking branches. The growth in Islamic finance industry has been consistently impressive. Moreover, the share of the industry in the … Continue reading