Stories from Humayon Dar
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Interest-based lending: Drive needed to create awareness of Islamic alternatives
Islamic banks offer Shariah-compliant financing for property purchase, other services.
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Diaspora: Need for better banking institution to attract remittances
Can be a valuable tool for globalisation of local businesses
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Shedding light on DDP issue: Keeping politics out of education
Regulator’s lack of sympathy has affected partnerships between Pakistani, foreign universities
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Vice of materialism: Grandiose, but sometimes corrupt consumption
Ostentatious behaviour generally associated with illegitimate money
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Pakistan ranks third in Islamic finance awards
Share of Islamic banking fast approaching 12%
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The recent crackdown and filling the gap
Probe part of a larger strategic thinking to create awareness of quality and hygiene
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Optimistic: Three reasons to keep counting on Pakistan
Despite disillusion with country’s economic state, future looks bright
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Disguise: Cash-only transactions and the need to lessen them
They help tax evasion; promotion of plastic money necessary.
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Sector overview: The exit of foreign banks
Local institutions have made it hard for them to survive as well
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Sweet opportunity: Gourmet’s offshore endeavours in the UK
Can provide reverse market production prospect for entity