Despite a fast growing Islamic banking industry, the implementation of monetary policy

and the transmission mechanism of monetary policy in the presence of Islamic banks remains a challenge for the central banks
(CBs). The challenges arise not only from the Islamic finance core principles but also from the macro financial background and monetary policy frameworks of countries where Islamic banks operate. Since the early 1990s, the related"...

(AETOS Wire)-- In light of recent news regarding the New York branch of Habib Bank Limited (HBL), Habib Bank AG Zurich wishes to clarify that it has no legal or beneficial, direct or indirect affiliation, or shared ownership in HBL, a Pakistan-based financial institution.

Habib Bank AG Zurich was established in 1967 in Switzerland and operates in various global locations through branches and subsidiaries."...