Tag: BankIslami
BIPL sale controversy, SHC orders ‘status-quo’
Transfer of the majority shares and management control to JS Group put on hold as one entity cannot own two banks under the Pakistani law
Shareholders demand SBP not to transfer BIPL shares to JS Bank
SHC Single Bench, which barred JS Group from acquiring another banking license, to hear the sale of BIPL to JS Bank case on Divisional Bench orders
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Pakistan’s Choices Amid Global Isolation & Economic Fragmentation
Growing trade restrictions may reverse economic integration and undermine...
Varying Regional Penchants
In the first-half of 2023, some interesting developments in...
India’s UNSC Reform Agenda Amidst Regional Intricacies
The unresolved border disputes, past military interventions, and alleged espionage activities raise alarm bells about India's ability to contribute to regional stability. Moreover, its tendency to adopt an assertive stance rather than addressing these issues transparently further clouds its credentials in global security affairs.
Islam’s Power of Patience, Forgiveness
Holy Qur'an's ethical heartbeats resonated within the very social milieu of its revelation, intertwining religious, moral, and legal obligations under the vast expanse of God's will.
Pakistan Takes a Step Towards Cleaner Energy
Pakistan is highly vulnerable to the adverse effects of climate change, including rising temperatures, changing precipitation patterns, and increased frequency of extreme weather events. These impacts pose significant challenges to the country's agriculture, water resources, and overall socio-economic development
Independence Day Resolve
The successive civilian and military governments have failed to end socio-economic disparities, disharmony between the centre and provinces, poverty, apathy towards the less-privileged, militancy, religious and political intolerance -- just to mention a few.
IMF’s Global GDP Outlook ’23: Pakistan Responds
Amidst the unfolding global economic shifts, Pakistan's response must be grounded in pragmatism and resilience. Crafting a pragmatic roadmap involves embracing regional cooperation, enhancing domestic competitiveness, and fostering investor confidence.
Big Promises & Lingering Doubts
Despite the expected rise in revenues, the Act projects an enlarged budget deficit of Rs.12,643 billion, an increase from Rs.10,694 billion the previous year.
Democracy vs Stability
With another election on the horizon, there are many who continue to place their hopes in the electoral processes, but past experiences raise doubts about its effectiveness in bringing lasting stability.
Way to Glory
Our inability to evolve political and administrative systems -- that could ensure quality decision-making for the benefit of the people -- remains the main cause of our debacle.