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Home > Contributor Biographies > Bilal Rasul

Contributor Biographies

Bilal Rasul

Registrar, Modabara Companies, Pakistan
Bilal RasulBilal Rasul

Bilal Rasul is the registrar of modaraba companies and of the Modarabas, Securities and Exchange Commission of Pakistan (SECP). A British Council (Chevening) scholar, Rasul gained his master’s degrees in public administration and in economics and finance in the United Kingdom. He has 15 years of varied experience in capital market regulation, including the securities market and nonbanking and finance companies, as well as the nonfinancial sector. As registrar, he is responsible for heading the Islamic finance initiative for the capital market in Pakistan. He is also the focal person of the Islamic Financial Services Board (IFSB) at SECP, responsible for the implementation and adoption of IFSB standards and principles.


Articles by this Author

  • Identifying the Main Regulatory Challenges for Islamic Finance
    by Bilal Rasul
    Globally, Islamic finance has exhibited its potential through the ever-increasing number of Islamic financial institutions (IFIs). Unofficial estimates figure Islamic financial assets of the IFIs at nearly a trillion dollars. The Islamic financial industry is still growing and is finding its niche in many Muslim as well as non-Muslim countries. The growth is swift, but it is accompanied by regulatory issues and challenges which will need to be...
  • Islamic Finance and the Global Financial Crisis
    by Bilal Rasul
    Islamic finance is a safe financial doctrine that promises justice and equity. The theme of Islamic finance is popular among those economies that are either interested in following the shariah tenets or are exploring alternative investment opportunities that have a sound basis and a promising potential.The principles of Islamic finance fundamentally uphold the corporate governance and social responsibility philosophies: that is, accountability,...

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