Wednesday 05, September 2012 by Isla MacFarlane

Pakistan to shakeup Islamic banking with new framework

The new framework will explicitly define the roles and responsibilities of different organs of Islamic banks including the Board of Directors, Shari’ah advisors/committees and executive management for ensuring Shari’ah compliance.

Features & Analyses

Economics IMF updates on Iraq economy

Recent macroeconomic developments have been broadly positive in Iraq. Economic growth in Iraq reached 8.4 per cent in 2012 and… read more