Gul Ghutai

Islamic Finance, Development of Islamic Banking Worldwide & Pakistan Gul Ghutai

In today's era, developing economies as well as developed economies are in dire need to find sustainable yet effective solutions for financial problems. The developed economies are trying to avoid financial crisis in every possible way. Whereas, developing countries are trying their best to solve budget deficits, trade imbalances and other macroeconomic problems through interest based economic regimes. Thus, as an outcome creates more economic and financial problems in their economies because throughout the world interest based economic regimes are prevailing.