Pakistan has been an active member of leading global International Islamic finance institutions like the Islamic Financial Services Board (IFSB), the Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI), and the International Islamic Financial Market (IIFM) that are all playing a key role in developing prudential and Shariah standards for the industry.
The day after of the Greek economy requires medium-term planning, smart interventions on behalf of the government and a common understanding across euro area countries. The adoption of a new production model should become a national priority, in order to transform the crisis into an opportunity for sustainable growth. The pandemic crisis establishes new challenges, where globalization recedes and local production activities are enhanced.