Currently Pakistan’s real estate serves as a big pillar in Pakistan economy. According to the World Bank estimate, real estate contributes 60 to 70% of the country’s total wealth and total amount $300 to $400 billion. Unfortunately, since 2017 Pakistan economy is crippling facing politically instability but economic growth of Pakistan remained 5.8 the highest in the history of nine years. Currently the growth rate is 5.5 that effecting economy …
Read More »Islamic banks have sound liquidity profile in Asia and GCC countries
The liquidity coverage ratios (LCRs) of Islamic banks in key Asian countries including Pakistan and GCC countries highlight sound liquidity profiles and broad compliance with Basel-III regulatory requirements. However, banks with a greater proportion of retail deposits that are considered more ‘sticky’, typically display stronger LCRs,” said Simon Chen, a Moody’s Vice President and Senior Analyst. In Asia, the retail funding of Islamic banks is constrained by their small …
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