Category archives for: World

Islamic Banking Global Scenario – Final Part

Islamic Banking Global Scenario – Final Part Previously we discussed the situation of Islamic banking and financial institutions in Bahrain and Malaysia. Moreover, Islamic banks have also built a strong presence in Malaysia, where Standard & Poor’s assigned a BBB+ rating to the $600 million Sharia-compliant trust certificates (called sukuk) issued by Malaysia Global Sukuk […]

Islamic Banking Global Scenario – Part 1

Islamic Banking Global Scenario – Part 1  Over the last three decades Islamic banking and finance has developed into a full-fledged system and discipline reportedly growing at the rate of 15 percent per annum. Today, Islamic financial institutions, in one form or the other, are working in about 75 countries of the world. Besides individual […]

Economic assistance from US stable, Dr Abdul Hafeez Shaikh

Economic assistance from US stable, Dr Abdul Hafeez Shaikh The Federal Finance Minister, Dr Abdul Hafeez Shaikh, on Saturday, December 4 divulged that the economic assistance to Pakistan from the United States of America is stable despite a sudden dip in relationship between the two countries after the Nato strike that killed 24 Pakistani soldiers […]

Google, Facebook, Yahoo and Twitter: Heavyweights of the online world go up against US piracy bills

Google, Facebook, Yahoo and Twitter: Heavyweights of the online world go up against US piracy bills The heavyweights of the online world Google, Facebook, Yahoo and Twitter joined forces to oppose the recent legislation in the United States Congress which intends to crack down the on the Internet piracy. According to the new US online […]

Children vulnerable to climatic changes: UNICEF

Children vulnerable to climatic changes: UNICEF A report from UNICEF reveals that children are most vulnerable to climatic changes, especially in the East Asia and Pacific. Talking to MediaGlobal Matthew McKinnon, head of the Climate Vulnerability Initiative at DARA International, claimed, "In Asia, Central and South Asia are the most vulnerable regions; in the Pacific, […]

Iranian Diplomats return from Britain, welcomed as national heroes

Iranian Diplomats return from Britain, welcomed as national heroes Britain expelled the Iranian diplomats following the protests of Iranians in U.K. The protest was ignited after the British government decided to call its diplomats from Iran to support the sanctions that are imposed by the western allies. The British officials stood along the decision taken […]

Pakistan has every right to retaliate to any future aggression, says Pentagon

Pakistan has every right to retaliate to any future aggression, says Pentagon With Pakistan vowing to respond with "full force" to any future aggression in the wake of the deadly NATO strike, the Pentagon has said that Islamabad has the right to self-defence and so does the US. It also admitted that the last Saturday […]

Trade between India and Pakistan has the potential of highest growth and peace prospects: SDPI Seminar

Trade between India and Pakistan has the potential of highest growth and peace prospects: SDPI Seminar ISLAMABAD: (2 Dec 2011) While highlighting the critical issues and comparative advantages, the speakers said that there will be a huge peace dividend if trade relations between India and Pakistan are strengthened. Trade will help to increase people to […]

Last Group of Ethiopian Migrants to Be Assisted By IOM This Year Heads Home from Tanzania

Last Group of Ethiopian Migrants to Be Assisted By IOM This Year Heads Home from Tanzania A final group of 150 Ethiopian migrants who have spent more than a year in Tanzanian prisons as irregular migrants and who wanted to go back home, has been assisted by IOM to return to Ethiopia.  The group is […]

Ministerial-Level IOM Council Marks Organization’s 60th Anniversary and Looks to the Future of Migration

Ministerial-Level IOM Council Marks Organization’s 60th Anniversary and Looks to the Future of Migration About 50 government ministers, deputy prime ministers and deputy ministers will be among those attending IOM’s 100th Council next week to mark the Organization’s 60th anniversary and to look to the future of migration. The IOM Council, taking place in Geneva […]

Pakistan to deal any breach of territory with aggression, General Ashfaq Kayani

Pakistan to deal any breach of territory with aggression, General Ashfaq Kayani Pakistan’s commanders in the wild Afghan border region can return fire if attacked without waiting for permission, the army chief said, a change in rules of engagement that could stoke tension after Saturday’s NATO strike killed 24 Pakistani troops. The attack sparked fury […]

Al-Qaeda vows of kidnapping US in Pakistan

Al-Qaeda vows of kidnapping US in Pakistan Al-Qaeda, which is working for the freedom of Afghanistan and to free the Islamic world from western imperialism, has claimed of kidnapping the US citizens from Pakistan. The Jehadi organisation has asked the US to release Muslim prisoners from its jails and also asked for stooping the air-strikes […]

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