An International Seminar on Financial Inclusion for Central Asia, the Caucasus, and South Asia organised by Asian Development Bank Institute-Japan, APEC Business Advisory Council -China, & Asia-Pacific Finance and Development Center from July 12-14 2011, concluded in Urumqi, Peoples Republic of China. Delegates from China, Japan, Pakistan, Bangladesh, India, Malaysia, Singapore, Kazakhstan, Uzbekistan, Tajikistan, Georgia, New Zealand, Romania, Kyrgyztan, UK and Afghanistan participated in this Seminar, wherein Current State of Financial Inclusion Developing in Asia, Rural Finance in PR China, Key Regulatory Issues in Promoting Financial Inclusion, Evolution of Microfinance Institutions towards Financial Self-Sustainability through Innovation, Service Diversification and Islamic Microfinance were discussed in detail. The third day was allocated to Islamic Microfinance and AlHuda Centre of Islamic Banking and Economics Pakistan Chief Executive Officer Zubair Mughal gave the key note speech on Islamic Microfinance, said that Islam has given the best system for poverty alleviation and both Muslims and non-Muslims can benefit from it.
