Financial Innovation: Pakistan’s ‘Hajj Notes’

Posted on November 28, 2009
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Adil Najam Did you know that from the 1950 through the mid 1990s the State Bank of Pakistan would publish special Hajj Notes in Rupees for Pakistani Hajis? These were mentioned in an earlier post on ATP on Pakistani banknotes, but I recently stumbled on a fascinating paper on the history of the Pakistani Hajj […]

Hajj and Eid-ul-Azha Mubarak

Posted on November 27, 2009
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Adil Najam and Owais Mughal From all of us at ATP we congratulate the nearly 3 million Muslims who performed Hajj this year, including 160,000 Pakistanis, and also wish fond Eid-u-Azha greetings to all of you. This is the fourth such post we have written since ATP began (2006, 2007, 2008). Each year we have […]

Celebrate the Spirit of Sacrifice. Spare the Animals.

Posted on November 26, 2009
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temporal spare the poor goat or lamb or cows life. The purpose of sacrifice is to understand the spirit of parting with what you hold dear (your wealth), it is not some muqabla against four-legged animals. Please pause and think … That, after all, is what religion should make us do rather than blindly following […]

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