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gjmn Shahbaz Bhatti Yet another hero falls
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Znlf Speaker s move to adjourn session irks opposition
KARACHI:The State Bank of Pakistan adidas samba schuhe (SBP), on Wednesday, issued a circular to all Islamic banking institutions about the Islamic Export Refinance Scheme (IERS) and eligibility of Ijara Sukuk (Islamic bonds to be included in the Musharaka pool.According to SBP rules, every Islamic bank is obligated to create a Musharaka pool consisting of financing blue chip companies on Islamic modes.The Musharaka pool is supposed to have a minimum of ten companies with diversified lines of businesses to avoid concent air max uomo ration in sectors.T stanleycup he circular listed the conditions that will make the Government of Pakistan Ijara Sukuk eligible to be included in the pool, created under the IERS.The conditions said that the maximum limit for investment in the Ijara Sukuk by Islamic bank institutions in the pool will be 50% of their total share of financing in the Musharaka pool.The value of Ijara Sukuk held cannot be counted for meeting the bank s statutory liquidity ratio requirement 鈥?an amount that every bank is bo LAHORE:The Lahore Waste Management Company (LWMC) has proposed collection of garbage tax from citizens with utility bills to improve its financial position and overcome a debt of over Rs40 billion.Sources said the final approval of the proposal to would be given by the Punjab government. The government decided several years ago to transfer the task of transporting the garbage of city to the dumping point to the Waste Management Company from the metropolitan corporation nike airmax 270 damen and contracts were awarded to foreign companies.About 10,000 employees of the solid waste management department of the Metropolitan Corporation Lahore were transferred to the company and officers were appointed on market-based high salaries. The Metropolitan Corporation paid about Rs3 billion annually for salaries of its employees, while about Rs12 billion was received from Punjab government as interest-free loan for meeting other expenses of the company.Debat airmax e on how best to handle wasteThe Waste new balance uomo Management Company coll
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