While investors have been increasingly fishing for Shariah-compliant investment options, conventional banks and asset management companies, in order to cater to the growing demand for Islamic products, were seen jumping into bandwagon. Ijarah Sukuks are Shariah-compliant medium term investment instruments with 6-monthly (floating) profit payments guaranteed by the Government of Pakistan (GoP). SBP announces profits for Sukuk every 6 months. Facilities of further investment and premature encashment through reselling …

  Government must establish more textile cities Textile sector is the backbone of Pakistan export economy. Comprises of 391 textile mills, Pakistan is the world’s fourth largest producer of cotton and third largest consumer. It contributes 8.5 percent of GDP and employs 38 percent of the workforce in the manufacturing sector. But Pakistan textile industry is mainly beset with the major problems like energy crisis, lack of value addition and …

  Where does a bus ride offer a free Wi-Fi service in Pakistan? On the Rawalpindi-Islamabad Metro Bus with speeds of up to 36 Mbps provided through the Charji device. With over 18 million Internet users across the country, according to a study, it is evident that ‘Wireless Internet’ known as ‘Wi-Fi’, has become one of the most basic necessities of life for many Pakistanis. A major portion of Wi-Fi …

  Pakistan received foreign direct investment (FDI) of $119.3 million in the first two months of current fiscal year 2015-16, which is 7.5 percent higher than the FDI received in the same period a year ago. The FDI increased to $8.3 million year-on-year (YoY) in July-August, as it amounted to almost $111 million in the corresponding months of last fiscal year 2014-15, according to the State Bank of Pakistan (SBP). …

  The landmark economic package of China is a depiction of the confidence of China and Pakistan and the deep love for a large number of people of Pakistan. The projects are part of a broad bilateral deal called as China-Pakistan Economic Corridor (CPEC) under which the Chinese government and banks will finance Chinese companies to invest $45.6 billion worth of energy and infrastructure projects in Pakistan over the next …

  Western route under CPEC expected to be completed by December 2016 Work is speedily underway on the Western route under the portfolio of China-Pakistan Economic Corridor (CPEC) projects involving new building of 650-km road from Gwadar to Sorab, which would link Gwadar with Quetta, Qila Saifullah and Zhob. The work was already being carried out by Frontier Works Organization (FWO) for last two years and is expected to be …

  Despite security concerns, the country has witnessed an immense influx of foreign retail brands. It is a fact that international brands are making good entry into the country’s lucrative market by opening up their franchises in mega cities and in towns. Certainly, the growing number of international entrants in the local market establishes this fact. The entry of foreign retail franchises into Pakistan is a testament to the enhanced …

  Packaging raises the worth of the product/item because the final users repose faith in buying packed item rather than the non-packed ones. Accordingly households not shy of paying more for packed items with comparison to non-packed items which shows that the packaging is on rise or will double its value amid the quality and standard be maintained. Value of a product is raised when packaging is design in such …

  Serving approximately 68 million customers globally, McDonald’s is the world’s largest chain of hamburger fast food restaurants with over 30,000 outlets worldwide. McDonald’s has some phenomenal systems in place, developed and proven by the input of billions of dollars and hundreds of thousands of man-hours worth of research. In 1980s, various firms enlarged into global operations by franchise mode of business. Though these firms wanted to stick to their …

  Shrimp farming keep going and growing and remained as one of the fastest growing sectors of the aquaculture industry. The sector has shown explosive growth during the last two decades and particularly during the period between 1985-95, the contribution from farm-raised shrimp to the total world supply of shrimp has grown by approximately 400 per cent. Shrimp farming in the world has grown into a multi billion-dollar giant, creating …