The role of stock exchange market is to raise long-term funds for corporation (primary market) while providing the trading platform for the trading securities (secondary market). Stock exchange markets encourage investment through provision of a lot of resources. This enables the cooperation to attain a lot of funds for their business expansion. Primary market carries the initial offerings of the stocks and bonds to investors by definition. The secondary …

  Historically, the Pakistan Stock Exchange (KSE-100) reached an all-time high of 41,464 in October of 2016 and a record low of 538.89 in June of 1990. In spite of deteriorating political condition and low levels of foreign investment and slow growth and underdevelopment. Pakistan has succeeded in attracting very positive reviews between January and July 2016 from numerous Western media houses, the World Bank and the globally-acclaimed credit rating …

  Centre for Excellence in Islamic Finance (CEIF) has been established at IBA (Institute of Business Administration), Karachi with the objective of providing a platform for discovery, enhancement and dissemination of knowledge in the field of Islamic Finance. It aims to be a world class Centre which, through education and research. It carries on IBA’s legacy of thought leadership in the Islamic Finance industry. Globally, Islamic Banking assets have witnessed …

  Pakistan’s housing crisis is well known. The country requires about ten million homes. Migration from rural areas to urban areas has resulted in an urban growth, which has been about three times faster. According to sources, Pakistan’s urban population stands at 75 million or 39 percent of total population, and population experts believe that it will rise to 114 million by 2025. The lack of funding is the biggest …

  During the second quarter of current fiscal year, the network of ATMs continued to grow reaching from 10,099 to 10,736 and additionally 5,689 POS machines were added to the network, showing a growth of 12.82 percent compared to first quarter of fiscal year 2016. Number of cards, issued by the banks, increased by 16.27 percent and it reached a total of 33 million by the end of the quarter. …

  Internet is the most fundamental enabler of economic and social development of the 21st century through which mobile banking refers to payment services operated under financial regulation and performed via mobile device. Now Instead of paying bills in cash, cheque, credit or debit cards, paying bills through mobile phone is a prompt facility. Mobile banking has gained momentum due to the innovative technology. According to GSMA (Global System for …

  Addition of term deposits and credit facilities make Easypaisa Account a full service banking solution Commencing operations in 2009, Easypaisa is serving consumers including corporations and government projects with convenient, reliable and secure financial services. It is effectively bringing the unbanked population of Pakistan in the formal financial flow. Easypaisa remains at the forefront of empowering people through innovative, technologically driven and low cost financial services. New feat Pakistan’s …

  Stock market rises all-time high soon after MSCI announcement Financial sector of any country plays very vital role in the country’s economic growth. Stock market is financial sector’s key institution which provides a platform, where borrower and lender can easily fulfill their financial needs. Stock market performance is factual reflection of any country’s economic performance. In Pakistan stock markets performance is a key for economic uplift and the recent …

  With the incorporation of Exchange Companies the misinterpretations regarding their activities have been wiped out. In order to regularize and have smooth money exchange business in Pakistan, State Bank of Pakistan has incorporated Exchange Companies (the then Money Changers) through FE Circular No. 9 dated July 1, 2002. The real force behind Exchange Companies formation in Pakistan was the post 9/11 world economic and political situation, when the inward …

  The foreign exchange market is a place where foreign money bought and sold. The buyers and sellers have claim on foreign money and the intermediaries together constitute a foreign exchange market. It is a market for a national currency (foreign money) anywhere in the world, as the financial centers of the world are united in a single market. The foreign exchange market is a large trade center for currencies. …