News From Pakistan
Finance Minister Ishaq Dar has reaffirmed the government’s firm resolve to promote Islamic finance industry and eliminate interest based system in Pakistan.Addressing the inaugural session of International Conference on Islamic Capital Market in Islam…
The Capital Development Authority (CDA) has made significant progress in simplifying its zoning regulations by consolidating all the bylaws into a comprehensive book.This compilation comes as a relief for stakeholders who previously struggled to acces…
The price of gold remained largely stable in the outgoing week and registered an increase of Rs. 900 per tola.According to the data released by All-Pakistan Sarafa Gems and Jewellers Association (APSGJA), the price of gold (24 carats) went up by Rs. 4…
The prevalence of tobacco use in Pakistan has reached alarming levels, with approximately 31 million adults, or about 19.7 percent of the adult population, currently consuming tobacco products.In a recent study titled “Raising Tobacco Tax Rates to Pro…
Sales volume in the soft drink industry has experienced a substantial drop of up to 40 percent. This decline has been linked to the government’s decision to raise the Federal Excise Duty (FED) from 13 to 20 percent in a mini-budget implemented in Febr…
With the growing popularity of blockchain, a new consideration is emerging for those in the Muslim community: can blockchain be used for Shariah-compliant finances?Based purely on speculation, blockchain isn’t qualified as a truthful means of earning….