null Islamic banking to expand 35%
Islamic banking to expand 35%
15 Feb 2023 | Wednesday Source : The Express Tribune
State Bank of Pakistan (SBP) Deputy Governor Seema Kamil, on Tuesday, said that Islamic banking aims to expand up to 35% within the next two years.
Addressing a seminar on Islamic banking and economic development, Kamil said, “Pakistan is working on its own Islamic banking model. At present 20% of commercial banks have adopted Islamic banking and one private bank has completely been converted into an Islamic bank.”