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SBP unveils ambitious third 5-year Strategic Plan for Islamic Banking Industry
6 Apr 2021 | Tuesday Source: Associated Press of Pakistan
State Bank of Pakistan (SBP) on Monday unveiled its third five-year Strategic Plan for the Islamic Banking Industry. The strategic plan has set headline targets for Islamic banking industry to be achieved by 2025, said a statement.
The strategic plan included 30 percent share in both assets and deposits of overall banking industry, 35 percent share in branch network of overall banking industry, and 10 percent and eight percent share of SMEs and Agriculture financing respectively, in private sector financing of Islamic banking industry.
