Page-2 of Pakistan

Pakistan to Implement Interest-free Banking System

November 11, 2022

The Pakistan Government is planning to implement an interest-free banking system in the country from 2027 under the Islamic law. What is interest-free banking system? The concept of interest free banking system is derived from the Islamic form of banking. ..

Month: 

Category:  •

Pakistan floods: One third of the country is under water

August 30, 2022

Pakistan is currently battling its worst monsoon floods in a decade, which has killed more than 1,100 people, caused more than USD 10 billion in damages and submerged nearly a third of the country. Also, the United Nations issued a ..

Month: 

Category: 

August 14: Partition Horrors Remembrance Day

August 16, 2022

India commemorated “Partition Horrors Remembrance Day” on August 14. Prime Minister Narendra Modi had announced to observe this day in 2021.  August 14 also marks Independence Day in Pakistan. India was partitioned into India and Pakistan on August 14, 1947. ..

Month: 

Category: 

Shehbaz Sharif- New Prime Minister of Pakistan

April 12, 2022

On 11th April 2022, Shehbaz Sharif took oath as Pakistan’s 23rd prime minister. Senate chairperson Sadiq Sanjarani administered the oath to Sharif. After Shah Mehmood Qureshi, the former foreign minister announced that his party Pakistan Tehreek-i-Insaaf will be boycotting the ..

Month: 

Category:  •

Pakistan Political Crisis

April 11, 2022

On 10th April 2022, Imran Khan’s term as Pakistan’s Prime Minister ended after days of constitutional chaos in Pakistan that left him with no choice but to be voted out of the office or to resign. Overview: The lower house ..

Month: 

Category:  •

UAE in FATF Grey List

March 5, 2022

On 4th March 2022, Financial Action Task Force (FATF) has included United Arab Emirates (UAE) in its grey list. About FATF FATF is an inter-governmental body established by the G7 countries in 1989. It is mainly a policy-making body and ..

Month: 

Category: