Islamic Finance

One of the two most important precious metals, the Silver becomes dearer recently and is attracting investors who are seeking wide opportunities in commodity markets. Being an alternative to expensive gold, analyst expects silver to touch $43 per 10 gram in second half of the year. It is an excellent investment for people who want to invest in commodities, but cannot afford the Gold prices which have climbed in last two years or so. According to the World Silver Survey 2010 and GFMS's 2010 Silver summary report, the total fabricated silver demand grew by 12.8 percent to 878.8 Moz in 2010 mainly due to rising industrial demand. Global primary silver supply recorded a 5 percent increase to account for 30 percent of total mine production in 2010. Gains arise from primary silver mines and as a by-product of lead/zinc mining activity, whereas silver volumes produced as a by-product of gold fell 4 percent last year. Mexico was the world's largest silver producing na...

Rising global commodity prices increases cost of production in almost every sector especially in automobile. In Pakistan, high input prices forces car manufacturers to increase prices so that the burden of input cost rise can be transferred to consumers. Hike in automobile prices In Pakistan, auto makers are able to increase car prices when they want. To maintain dwindling margins, three local automobile manufacturers have increased their prices by 2 to 3 percent in the year 2011. Pak-Suzuki Motors has started the trend by increasing prices of cars from Rs 11,000 up to Rs 25,000 effective from February 1, 2011. It was followed by Indus Motor Company (IMC) as it pushed up the prices by Rs 20,000 to Rs 30,000 (2 to 3 percent) of all of its models except Toyota Corolla 2.0D Saloon and Saloon SR with effect from July 25, 2011. However, Honda Atlas Motors has also increased the prices of its various models by Rs 20,000 to Rs 25,000 with...

Economists are not certain that world economy is going to face another recession rather they say every market gets certain hiccups at the time of recovery. However, Pakistani market seems to be independent in their ups and downs over the long run, US downgrade and global stocks fall will not impact Pakistan stocks though certain shocks or hiccups can occur but on the whole Pakistan markets has no correlations with downgrading of US rating. Pakistan equity market seems to pick up again from Monday ahead of blue chips results. Standard & Poor's lowered United States (US) long term rating to AA+ on Friday mainly because of rising debt burden and budget deficit on back of political consequences that led US economy towards the brink of default. Though, US agreed to raise the debt ceiling in the start of the week but suspicions of recession and the rise of European crisis wiped $ 2.5 trillion off world stocks this week. Earlier on Friday expectations regarding globa...