Page 3 - CMA Journal (Mar-Apr 2025)

2 President's Message

3 From the Desk of Chief Editor

Exclusive Interviews Volume : 34.2 l Mar-Apr 2025

5 9 11 13 15 19 23

Allama Muhammad Dr. Mufti Irshad Mr. Irfan Siddiqui Mr. Yousaf Hussain Mr. Omar Mustafa Ansari Mr. Yousef Hassan Khalawi Mr. Tariq Naseem, FCMA
Raghib Hussain Naeemi Ahmad Aijaz President & CEO President & CEO, Secretary General, Accounting Secretary General, Head of Islamic
Chairman, Council of Chairman, Shariah Advisory Meezan Bank Limited Faysal Bank Limited and Auditing Organization Islamic Chamber of Finance Department
Islamic Ideology (CII) Committee - SBP for Islamic Financial Commerce and Securities and Exchange
Institutions (AAOIFI) Development (ICCD) Commission of Pakistan (SECP)

28 Corporate Leaders of ICMA Article Section

Legality of Ex-Officio and Nominated
Focus Section 80 Directors in a Company
By: Syed Ahmad Ashraf, FCMA
Addressing the Root Causes of Circular
29 The Role of Shariah Audit and Compliance 53 Figh ng Poverty with Islamic Finance 83 Debt in Pakistan's Energy Sector
By: Zafar Saeed Ansari
in Shaping an Islamic Economy in Pakistan
By: Im az Bashir, FCMA Pakistan’s Economy is Islamic by Law By: Ali Noman Siddiqui
AI Ethics from an Islamic Perspec ve and 56
32 Their Implementa on in Pakistan - It Must Now Become Islamic in Prac ce Top Technology Trend
By: Syed Shamim Ahmed, FCMA
Agen c Ar ficial Intelligence (AI):
By: Azhar Zia-ur-Rehman 59 Digital Islamic Banking and Fintech 86 Shaping the Future of Accoun ng
35 Lessons from Islamic Economies By: Muhammad Afzaal, FCMA and Audi ng
By: Alia Noor, FCMA
around the World
By: Raza Saeed, FCMA
39 Islamic Trade: Opportuni es for Pakistan 62 The Halal Industry in ASEAN: Sector Brief
Growth, Challenges, and Opportuni es
By: Humayun Habib, FCA
By: Abbas Raza Varayla and
Islamic Banking Sector in Pakistan
Maria Shahab 64 Riba (Usury) 1,400 Years Ago and Modern 88 By: Research & Publica ons Department, ICMA
42 Building Pakistan with Islamic - Day Interest in Banking and Finance Economy Watch
By: Qasim Abbas, FCMA
Finance Tools
By: Ghulam Abbas Merchant, ACMA Asia's Economic Transi on: From Green Sukuk is Building a Sustainable
44 Islamic Banking Reform in Pakistan and 65 Conven onal Banking to Islamic Finance 91 and Inclusive Future for Pakistan
By: Khizar Hayat, FCA
By: Research & Publica ons Department, ICMA
the Transi on to a Riba-Free System
By: Dr. Azeema Begum, Ph.D Shaping Pakistan’s Islamic Economy with 93 Economy News
48 Contribu ons of Islamiza on to Pakistan’s 68 Halal Assets and Digital Innova on Regulatory Watch
By: ICMA Research and Publica ons Department
Economic Growth
By: Muhammad Ahmed, ACMA
50 Islamic Microfinance: A Catalyst for Small 73 ICMA-Gallup Survey 94 Regulatory News
Business Empowerment in Pakistan
By: Sarah Safdar, ACMA on Islamic Banking and the Islamiza on Reviews
of Pakistan’s Economy
Reviews of Selected Books
May-Jun 2025 Jul-Aug 2025
95 and Ar cles
Fintech Innovations and
Challenges to Business DI DISCLAIMER: The Chartered Management
Data Analytics: Transforming
Our Next Sustainability in Pakistan Pakistan’s Financial Landscape A Accountant is published bi-monthly. Views or
Issues Deadline for Article Submission: Deadline for Article Submission: o opinions expressed by the authors of the articles
p published in this Journal do not necessarily reflect
20 June 2025 10 August 2025 the views of the publisher and/or the Editor
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the views of the publisher and/or the Editor..
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