06-14-2024, 12:59 AM
Aejq A debt-free PIA to go under the hammer
KARACHI
akistan s central bank has issued new rules for the operation of Islamic banking windows, aiming to strengthen their role in country.聽The new requirements come at a time when Pak adidas samba istan is stepping up efforts to develop Islamic finance, prompting several banks to expand their operations in the sector.Banks will have to obtain written approval from the State Bank of Pakistan before opening each Islamic window, as well as providing the regulator with additional details on staffing, training and marketing arrangements.Islamic windows allow conventional lenders to offer Islamic financial services, provided client money is segregated from the rest of the bank.As of December, Pakistan s yeezy 350 full-fledged Islamic banks had a combined network of 767 branches while conventional banks had 441 Islamic branches and 96 sub-branches, the central bank said.Different approaches to the Islamic window format have emerged over the years: In Oman, windows are al adidas campus lowed only through standalone branches, wh FAISALABADolice have arrested three people who are accused of burning a rickshaw dr nb 9060 iver alive.According to the police report, Haji Mohamma stanley brand d Rafiq, a resident of Raza Abad, stated in the case which he had registered with the Ghulam Mohammadabad Police Station that his son, Abdul Jabbar, had been returning home after work in his rickshaw. His son was also with him.On his way home, Abdul Jabbar stopped at an LPG refilling station ad Adam Chowk where he had his rickshaw rsquo;s cylinder filled with gas. The LPG refilling station was owned by accused Shahid Hussai new balance n.The accused had allegedly filled less quantity of gas in the cylinder, but charged him more money. ldquo;My son Abdul Jabbar and grandson Aman questioned the accused on account of his cheating with them. There was an exchange of hot words between them, rdquo; the complainant said. ldquo;After that accused Shahid Hussain, along with Abid Hussain and Abdullah, threw a bottle full of oil at my son and set him on fire, rdquo; said
KARACHI
akistan s central bank has issued new rules for the operation of Islamic banking windows, aiming to strengthen their role in country.聽The new requirements come at a time when Pak adidas samba istan is stepping up efforts to develop Islamic finance, prompting several banks to expand their operations in the sector.Banks will have to obtain written approval from the State Bank of Pakistan before opening each Islamic window, as well as providing the regulator with additional details on staffing, training and marketing arrangements.Islamic windows allow conventional lenders to offer Islamic financial services, provided client money is segregated from the rest of the bank.As of December, Pakistan s yeezy 350 full-fledged Islamic banks had a combined network of 767 branches while conventional banks had 441 Islamic branches and 96 sub-branches, the central bank said.Different approaches to the Islamic window format have emerged over the years: In Oman, windows are al adidas campus lowed only through standalone branches, wh FAISALABADolice have arrested three people who are accused of burning a rickshaw dr nb 9060 iver alive.According to the police report, Haji Mohamma stanley brand d Rafiq, a resident of Raza Abad, stated in the case which he had registered with the Ghulam Mohammadabad Police Station that his son, Abdul Jabbar, had been returning home after work in his rickshaw. His son was also with him.On his way home, Abdul Jabbar stopped at an LPG refilling station ad Adam Chowk where he had his rickshaw rsquo;s cylinder filled with gas. The LPG refilling station was owned by accused Shahid Hussai new balance n.The accused had allegedly filled less quantity of gas in the cylinder, but charged him more money. ldquo;My son Abdul Jabbar and grandson Aman questioned the accused on account of his cheating with them. There was an exchange of hot words between them, rdquo; the complainant said. ldquo;After that accused Shahid Hussain, along with Abid Hussain and Abdullah, threw a bottle full of oil at my son and set him on fire, rdquo; said