interest free banking in pakistan

Complaints against China’s banking sector rise in Q3

December 19, 2021 by Roman Ahmed

BEIJING — Consumer complaints received by the China Banking and Insurance Regulatory Commission and its local bureaus rose 2.6 percent year on year to 87,281 cases in the third quarter (Q3) of the year. Personal loan businesses reported an increase of 38.6 percent in complaint cases during the period. The number of cases involving personal … Read more

Pakistani microfinance inventor collects Asia’s ‘Nobel Prize’

September 1, 2021 by Roman Ahmed

Pakistani microfinance developer, who established an interest-free and collateral-free microfinance program, a Bangladeshi scientist, and a Filipino fisherman were among Tuesday’s winners of what is Asia’s equivalent of the Nobel Prize. The Ramon Magsaysay Award was established in 1957 to honor people and groups undertaking problem-solving and development. It was held virtually this year, due … Read more

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