Complete Guide and Useful Links. What is Mera Pakistan Mera Ghar Housing Scheme ? State Bank of Pakistan announced a low-cost housing financing plan on October 11, 2020 on its official website by issuing official letter number IH and Circular SMEFD No. 11 of 2020 to provide an opportunity to Middle and lower class families … Read more
Amanah and Wakala in Islamic Banking (Complete Guide) AMANAH To give any commodity / asset to anybody for the sake of safety is called Amanah. Anything given as Amanah is considered to be something held in trust, and the same can not be used. USE OF AMANAH IN ISLAMIC BANKING Certain people consider current accounts … Read more
MUSHARAKA in Islamic banking The literal meaning of Musharaka is sharing. The root of the word “Musharaka” in Arabic is “Shirkah”, which means being a partner. Technical meaning of the word Shirkah is that, two or more persons take part either in a property without business intention or in a business to generate profit. … Read more
What is MODARABA in Islamic banking ? “Modaraba” is a kind of partnership where one partner gives money to another for investing in profitable avenues. The investor (fund supplier / capital provider) is called “Rabb-ul-Mal”. The person who utilizes the fund (the fund manager) is called “Modarib” who is exclusively responsible for management of the … Read more
Basics of Islamic Banking in Pakistan Introduction of Participants Name Education Designation Experience Have you participated in any Islamic banking Course? Course Objectives The core objective of this course is to equip participants with basics knowledge, concepts and practices of Islamic Banking in connection to HBL Islamic. The participants are expected to understand and satisfy … Read more
How to Check Zong Balance ? Step 1 : Open your Dial Pad into your Smart Phone or Normal Phone. Step 2 : Dial *222 # Step 3: Press Okay , Accept or Call button. How To Check Zong Number ? For Checking Zong Mobile Number , Detail is as under. Step 1: Dial *100*1# … Read more
Bank AlFalah Personal Loan No matter what age we live in, anyone needs a loan to start their own business. Provided he has enough money not to borrow from anyone and in this day and age, the easiest way to get a loan is through a bank in this case, And above all it is … Read more
