Finance & Market

  When looking directly into the real-time movements of a forex chart, traders can sometimes lose perspective of the bigger picture of what is going on in the forex market. For example, a price movement may appear significant when compared to the current price levels of a currency pair, but may in fact be quite small when viewed in the context of the pair’s historical price movements. In order to …

  A financial system (within the scope of finance) is an arrangement that permits the exchange of funds between lenders, borrowers and investors. Financial systems operate at firm-specific, national and global levels. They comprise adaptable, closely related services, markets, and institutions designed to provide well-organized and regular linkage between investors and depositors. Banks are the part of financial system and their primary function is to lend money to generate revenue. …

  An exclusive year-end review by Arif Habib Limited PSX leapt to record levels over 46,000; returning a commendable 41.3% in CY16TD (USD-based return of 41.2%). The index displayed a stunning run with several market tailwinds coming into play; i) Jun’16 MSCI reclassification announcement buoyed market sentiment even though Pakistan will officially graduate to the Emerging Markets category in June’17, ii) ongoing divestment of PSX expected to add liquidity to …

  Micro-financing is one of most attention grabbing occurrence of recent years and leading progressive agenda worldwide. It gained much importance especially in under developing countries during last few decades. The concept of micro-financing is not new but during present era, its workable explanation and successful implementation is resultant of hectic efforts of Dr. Muhammad Yunus through Grameen Bank of Bangladesh. He took far-reaching steps and successfully realized practical terms …

  In recent years, the international community has begun to focus on financial inclusion as part of a broader strategy to reduce poverty, encourage economic development, and promote stability and security. The term ‘financial inclusion’ refers to the provision of accessible, usable, and affordable financial services, either through the formal or informal financial sector, to underserved populations. Financial inclusion also applies to ‘underbanked’ communities, where people lack reliable access to …

  Pakistan is a major contributor towards the growth and development of Islamic finance industry. After global financial meltdown in 2008, the ability of Islamic finance to introduce greater discipline into the financial system owing to its inherent strengths indicates this system is a viable option to avert financial crises. Islamic banking is a growing reality, which has transcended outside the traditional borders of Muslim countries into western economies. At …

  Pakistan’s housing crisis is well known reality as 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. Pakistan’s urban population stands at 75 million or 39 percent of total population while experts believe that it will (population) rise to 114 million by 2025. The lack of funding is the biggest obstacle …

  Islamic microfinance represents the confluence of two rapidly growing industries: microfinance and Islamic finance. It has the potential to not only respond to unmet demand but also to combine the Islamic social principle of caring for the less fortunate with microfinance’s power to provide financial access to the poor. Unlocking this potential could be the key to providing financial access to millions of Muslim poor who currently reject microfinance …

  Islamic car financing has been fully introduced by the banks and financing companies all over the country. Here are some of the most prominent Islamic car financing banks, which are providing services to the customers under the terms and conditions of Islamic loan system. Meezan Bank Meezan Bank, Pakistan’s first and largest Islamic bank has been awarded the ‘Most Popular Bank’ in Pakistan’s Islamic auto financing sector in the …

  Islamic banking has been growing fast to capture 20pc share in the overall banking industry by 2020: Experts Asia is expected to be the key driver in advancing the growth of the Islamic finance industry. Pakistan is among potential leaders of Islamic finance with huge Muslim population of over 180 million. Although, Islamic banking in Pakistan is growing but there is still a lack of Islamic banking professional. There …