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Tag Archives: Islamic

Islamic banking shining bright in Pakistan

  Meezan Bank has now emerged as country’s premier Islamic bank When the present PML-N government took over in 2013, the share of Islamic banking in the country was about 9 percent, which is fast approaching about 13 percent, primarily because of the proactive approach of the Ministry of Finance and the State Bank of Pakistan. Meezan Bank, the recipient of the Shariah Authenticity Award has now emerged as a …

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JS Investments pioneer in securing financing under shariah laws

  JS Investments Limited (JSIL) is the oldest and one of the greatest private sector asset management firms in Pakistan, with a broad range of mutual funds, Islamic funds, pension funds and separately managed accounts, formed after keeping in view the client needs and requirements. JSIL is a member of MUFAP (Mutual Fund Association of Pakistan) and is catalog on the Karachi Stock Exchange. With the experience of 20-year in …

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International Reckoning For Islamic Finance Industry In Pakistan: SBP — globally polled as the best central bank for promoting Islamic finance

  State Bank of Pakistan (SBP) was voted as the best Central Bank for promoting Islamic Finance by a poll conducted by International Finance News, an arm of REDmoney Group, Malaysia. The votes were received from various institutions, practitioners and academicians from all over the world. After the announcement, Deputy Governor, SBP Mr. Saeed Ahmad stated “SBP remains committed in promoting Islamic banking and finance and will continue to play …

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