Derivatives and shari’a

Are derivatives acceptable in Islamic finance? Of course the answer is yes, but one must appreciate the difference between Islamic derivatives and their conventional...

Policy issues as elections draw near

The new year brings fresh challenges for the government, especially since decision-making traditionally alters in Islamabad as elections draw near. Given the present situation,...

Dull and indifferent in the new year

The start of New Year has brought no immediate rewards. Dull and indifferent, that is mostly what generally describes Pakistan’s main bourse, the Karachi...

Banking business in recessions

Market routs like the ’08 recession leave deep imprints in collective investor/observer psychology. Even though the term ‘credit crunch’ is not used as often...

Market flooded with used cars

Some quarters believe that the import of used cars is the answer to providing affordable cars for local consumers. They also seem to suffer...

Reinventing economic policies

Real investment, the key driver for creating new employment, has fallen for the third consecutive year in FY 11 There has to be a greater...

A vista of opportunities

No economy in the world can be run without a system of thought rooted in the real lifetime authenticities of its existence The year 2011...

Why won’t you privatise?

Since it has been well established that the mode de gouvernance relevant for the Pakistani political landscape is to avoid a horizontal alignment at...

The jingle bells of creativity

Living in a corporate world, one happens to hold up to the cliché that money can buy everything. As part of the deal,...

Brazilian coup

In a sudden shift of fate, the Centre for Economics and Business Research (CEBR) noted, that Brazil has now officially overtaken the UK as...

Providing more than marginal impetus

Let’s not be scathing, let’s not criticise for kicks; putting it simply, the SECP has got it right this time round. The recent amendments...

Islamic banking and social reforms

Islamic banking is not just about conducting financial transactions in compliance with shari'a. Rather, it is fast becoming part of a new Islamic financial...

Zardari, I love you

Being a third world country has its own disadvantages for the politicians that inhabit these lands. Unfortunately, as fate would have it they were...

IKnomics – walking the PTI talk

Imran Khan's 'tsunami' has hit the coast of Karachi and Pakistan's financial hub is buzzing with excitement. In a space of a couple of...

Wait and watch

The trend in volumes has been extremely sluggish day in, day out throughout the last week. And the KSE-100 benchmark has remained singularly one-dimensional...

The Chinese juggernaut

China has over the last several decades emerged as the worlds single most dynamic economy but this progress has been more marked ever since...

The European dilemma

When Giuseppe Mazzini was at the forefront of the Italian political scene in the mid-nineteenth century, he was vying to unite a previously disjointed...