Pakistan News

    Article On Microfinance In Pakistan Halal Food

  • China detains 11 for smashing halal food shop

    BEIJING: Police in western China detained 11 people after a crowd of angry customers in early May smashed a halal shop suspected of mishandling food prepared according to Islamic custom, state media said...

    A group of “law-breakers” in Xining, the capital of Qinghai province, broke into a store on May 1 and vandalised it after discovering that non-halal foods had been transported along with halal products, a violation of...

  • Govt brings bill to promote halal food trade

    ISLAMABAD: The government introduced a bill in the National Assembly on Thursday to set up an authority to help Pakistan take a due share in what a minister put at trillions of dollars worth of world trade in halal food and other products...

    The Pakistan Halal Authority Bill envisions the establishment of an Islamabad-based authority, with a high-powered board of governors, headed by the minister for science and technology, to develop...

  • KP Halal food authority’s expansion to districts hits snag

    PESHAWAR: The Khyber Pakhtunkhwa Food Safety and Halal Food Authority’s expansion to 15 districts of the province has hit a roadblock as its management puts the hiring of over 200 staff on indefinite hold...

    The authority, which was established under the KP Food Safety and Halal Food Authority Act, 2014, began operation in March 2018 and is currently working in the provincial capital and seven divisional headquarters, Kohat, Mardan,...

  • Pakistan Microfinance Investment Company launched

    ISLAMABAD: The Pakistan Microfinance Investment Company (PMIC), a private-sector firm which aims to use public funding to invest commercially in people and businesses on lower incomes, was launched on Thursday by Finance Minister Ishaq Dar...

    The PMIC has been created by the Pakistan Poverty Alleviation Fund (PPAF) and Karandaaz Pakistan — funded by UK’s Department for International Development (DFID) — and the KfW, a German...

  • Misery and microfinance

    JUST as 2016 was taking its first nascent breaths, news was released about the imminent establishment of the Pakistan Microfinance Investment Company...

    According to newspaper reports, this new institution would be set up in partnership with the UK Depart­ment of International Development, the German Development Bank and the Pakistan Poverty Alleviation Fund...

  • Microfinance: cutting costs

    A microfinance ecosystem is evolving in Pakistan...

    “The study of microfinance data in the country shows that despite a greater quantum of lending by banks, non-banking financial institutions served the purpose of such lending more effectively because of better outreach, gender sensitivity and support structures put in place at the community level for better utilisation of acquired funds,” a member of the government economic advisory...

  • Microfinance promise

    MICROFINANCE during the last century was seen as a panacea for poverty alleviation, but since then there has been greater understanding of it as one among a variety of tools to facilitate development and positively impact the lives of the poor...

    The UN’s Sustainable Development Goals (SDGs) mention access to finance seven times for achieving sustainable development in the next 15 years as financial services could help end hunger,...

  • Microfinance: outreach and service quality

    THE MICROFINANCE sector is making its mark, but with penetration rate still low and distribution of micro credit uneven...

    5m, according to the latest stats of the Pakistan Microcredit Network (PMN), a platform of microfinance providers...

  • Microfinance investment company

    ISLAMABAD: Finance Minister Ishaq Dar chaired a meeting on Monday at the Finance Division to review proposals for establishment of Pakistan Microfinance Investment Company...

    He said that according to estimates, Pakistan’s microfinancing needs will grow manifold by 2018 from the current Rs18 billion...

  • Tameer rebrands itself as Telenor Microfinance Bank

    KARACHI: Tameer Microfinance Bank has been rebranded as Telenor Microfinance Bank almost a year after its 100 per cent acquisition by the Telenor Group, a press release said...

    The bank, established in 2005, is best known for its joint venture with Telenor Pakistan for the launch of Pakistan’s first and now the largest branchless banking service Easypaisa, in 2009...

  • ‘Microfinance key to tackling poverty’

    ISLAMABAD: Finance Adviser Dr Abdul Hafeez Shaikh on Wednesday said the government was committed to increasing production capacity of microfinance sector to grab maximum benefits out of minimum resources...

    Addressing a two-day microfinance conference here, the adviser said that stable economy was pivotal for promotion of the sector, which has been made possible due to timely and effective measures by the government...

  • Pakistan plans to boost export of halal products

    ISLAMABAD: Fruity sweets and packets of chicken soup that fall foul of halal laws are disappearing from shop counters as Pakistan looks to clean up its Islamic food credentials to boost exports to Gulf states...

    At the start of the year the government published a list of around 20 imported food products it said were not halal, or permitted under Islamic law...

  • Sweets and soup vanish as Pakistan aims for halal export boost

    ISLAMABAD: Fruity sweets and packets of chicken soup that fall foul of halal laws are disappearing from Pakistan's shop counters as the country looks to clean up its Islamic food credentials to boost exports to rich Gulf states...

    At the start of the year the government published a list of around 20 imported food products it said were not halal, or permitted under Islamic law...

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