Presently, the Takaful industry has boosted considerably as a viable Islamic alternative to conventional insurance. Though the worldwide Takaful industry has registered healthy growth, the progress of related regulatory and supervisory frameworks has not kept pace and varies significantly between main Takaful markets. In several main states, the Takaful market is becoming increasingly over-crowded with a number of local and foreign firms competing for a small pool of risks …

  Presently, the Government of Pakistan has proclaimed an ambitious yearly plan for alleviating poverty and producing more career opportunities, involving levels that may have a far touching impact on the lives of citizens. REGIONAL& GLOBAL POVERTY DESCRIPTION NUMBER OF POOR (MILLIONS) POVERTY RATE (% POPULATION) 2005 2010 2015 2005 2010 2015 East Asia 304.5 140.4 53.4 16.8 7.4 2.7 Europe and Central Asia 16.0 8.4 4.3 3.4 1.8 0.9 …

  Presently, Habib Bank Limited (HBL) had proclaimed its contract with Barclays Bank PLC to acquire Barclays banking business in Pakistan. This acquisition was accepted through the State Bank of Pakistan (SBP) and from June 15, 2015 the country business of Barclays Bank PLC has been amalgamated with and into Habib Bank. HBL now has worldwide footprints in 29 states counting China. Habib Bank works intimately with institutions such as …

  Pakistan’s banking sector reforms which were started in the early 1990s have transformed the sector into a well-organized, strong and sound banking system. It is playing a significant role in economic development and setting a performance status of the state. Still it needs to play a larger role in mobilizing local’s savings, which are critical to grow its entire investment stages. State Bank of Pakistan needs to make sure …

  Smartphones segment is the main growth contribution of the telecom devices market in Pakistan Smartphone penetration grew at a steady pace as it accounted 13% in January 2013, 23% in January 2014 and subsequently reached 31% by January 2015. According to recent market analysis, with 600k units sold in January 2015, smartphones segment is the main growth contribution of the telecom devices market in Pakistan. Development of Low End …

  In Pakistan, Pakistan Broadcasting Corporation (PBC) or Radio Pakistan is a public radio broadcasting network and is also a mass-media state-owned huge corporation. PBC offers a broad range of news and radio services which are broadcast in Internet, TV and radio, outside the country in ten dissimilar languages. Pakistan broadcasting’s programs served as mission idea to entertain citizens by cultural features, music, and plays, while educating the international spectators …

  Policy frameworks provided in a draft Vision 2025 for Pakistan have objectives at substantial growth in access to education as well as making important developments in quality of education in the country. Pakistan ranks 113th out of 120 states in the UNESCO‘s all education development index. There is still a high dropout rate at the primary, secondary and tertiary stage in the country whereas a yearly expenditure is very …

  IT (Information Technology) is the use of computer and software to operate information. Microelectronics-based combination of computing and telecommunications is the processing, acquisition, storage and dissemination of textual, numerical, vocal and pictorial information. Use of IT in higher education has been enhanced through a variety of stakeholders approximately in two decades. Critiques of the often overhyped and tendentious nature of this enhancement identify a range of attentions in operation …

  Pakistan and Tajikistan have been strongly working in many fields that counting trade and investment. The both brotherly states have got giant trade potential in many sectors such as agriculture, textile, food industry, and surgical equipments. Tajikistan’s total volume of export to Pakistan reached at around $100 million previous year. The ongoing bilateral trade volume did not commensurate with the actual potential of two brotherly states. Tajikistan will be …

  The National Economic Council has approved National Development Program for FY2015 at Rs1,175 billion, which is larger by 1.7 percent when compared to budget predicted in FY2014. Total National Public Sector Development Program (PSDP) for FY2015 is 4 percent of GDP. The development program of FY2015 comprises of Rs525 billion as federal PSDP counting international aid of Rs102 billion and Rs650 billion for provincial ADPs counting Rs90 billion international …