KARACHI: State Bank of Pakistan (SBP) Deputy Governor Saleemullah on Tuesday stressed that Islamic banking should go beyond nomenclature and be clearly evident in actual business practices, rooted in transparency, ethics and fairness. Read More: SBP for collaboration to boost Islamic, digital banking transformation Addressing a certificate distribution ceremony at the Saylani School of Business and Islamic […]
Islamic banking
Samba bank moves toward full islamic banking transition
Samba Bank has decided to convert from conventional banking to a fully Islamic financial institution. The bank’s board has given in-principle approval for the transition. Now, it will submit its roadmap to the State Bank of Pakistan (SBP) for approval. This move aligns with the growing trend of financial institutions shifting toward Shariah-compliant banking. Following […]
Branding Islam: The birth of Islamic Laissez-Faire
Since the dawn of political Islam in the 20th century, a new political confrontation came into the colonial discourse along with other revolutionary ideologies. Perhaps, 20th century can be regarded as the most subjective epoch of human history because the civilizations had fought two great wars in the name of human realm. But the with […]