SBP watch (and other hot takes)

Of Seths and Generals: What the incoming ISI chief can learn from my interview with Abbas D. Habib

From I.I. Chundrigar to Islamabad: Whether You Wear Pinstripes or Khaki, Getting Your Foot in the Door Takes Grit! 😀

Dec 9, 2024 • 

DMKM

October 2023

Islamic Mutual Funds: Pitfalls of Self-Regulation and a Revolving Door

Is Al Meezan winning CFA Awards for beating irrelevant benchmarks?

Oct 23, 2023 • 

DMKM

Islamic Mutual Funds: Ball now in SECP and MUFAP court

MSF has corrected the benchmark. Next Islamic Money Markey funds need to move away from bank deposit rates to a better benchmark.

Oct 7, 2023 • 

DMKM

Islamic Mutual Funds Respond: Leading to more questions.

I wrote a post on Al Meezan Sovereign Fund’s (MSF) flawed benchmark asking tongue-in-cheek if this makes the benchmark unIslamic.

Oct 5, 2023 • 

DMKM

Master Tiles: There are no heroes in this story

Part Deux

Oct 2, 2023 • 

DMKM

September 2023

Islamic Mutual Funds: How Islamic Are Their Benchmarks?

Exploring the Discrepancy Between Investment Returns and Outdated Benchmarks

Sep 28, 2023 • 

DMKM

August 2023

Pakistani Hedge Funds #3: Pak Kuwait Investment Company is leverage on steroids.

PKIC's position in GoP securities is almost one-tenth of the entire banking sector of Pakistan and the size of its repo is almost one-third of SBP's…

Aug 29, 2023 • 

DMKM

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Who is Danish Elahi? A white knight VC, a takeover artist, or a business genius.

Protagonist of a family drama involving a tragic death, forgeries, successful and unsuccessful takeovers, child abduction, sexual assault, torture and…

Aug 1, 2023 • 

DMKM

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July 2023

Q1 2023 performance of Pakistan's Two Hedge Funds: U Microfinance Bank (UBank) and Pak Kuwait Investment Company (PKIC)

Picking up "do paisay" in front of steamroller.

Jul 20, 2023 • 

DMKM

Daewoo Pakistan: The story that wasn't told

Takeovers or share purchases appear to be the flavor of the month at this substack.

Jul 7, 2023 • 

DMKM

June 2023

Nishat Group #3: Hostile takeover of Adamjee Insurance

This is my third post in my series on Nishat Group which started with Shahzad Saleem’s tweet.

Jun 30, 2023 • 

DMKM

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Nishat Group #2: In breach of Securities Act 2015

When will SECP take action against Nishat Group?

Jun 21, 2023 • 

DMKM

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