Tag Archives: market

  Islamic banking and finance has become a flourishing business with assets estimated at value of over US$180.0 billion. It is spreading from UK, USA and Switzerland to the Middle East and Asia. Both Muslims and non-Muslims are using extensively the facilities being provided by Islamic banking and finance. Malaysia and Pakistan are well known for its Islamic banking and finance system. Both being the Muslim countries, the Islamic financial …

  Finance Minister Ishaq Dar officially announced the merger of the stock markets of Karachi, Lahore and Islamabad into one entity the Pakistan Stock Exchange (PSX) on January 11, 2016. The PSX will operate from the Karachi Stock Exchange under the new set-up. The Lahore Stock Exchange has been converted into LSE Financial Services Limited with a licence of an NBFI and Islamabad Stock Exchange into the ISE REIT Management …