Tag: islamic banking

Pakistan’s Islamic banks are introducing new products and adjusting policies to take advantage of government incentives designed to boost growth in the industry. Sharia-compliant banks...

  Islamic banking modes and products in Pakistan are steadily moving up in terms of financial transactions, reveals the sector's new report. Islamic modes, financing and...

President Mamnoon Hussain on Wednesday called upon the banking experts and Ulema (religious leaders) to jointly focus their research on finding a workable strategy...

  President Mamnoon Hussain said on Monday that the government was pursuing appropriate policies for the promotion of Islamic banking and finance in the country. Addressing...

  A high-profile conference on “Potentials of Islamic Banking” will be held today (Monday) during which presidents of top 20 banks of Pakistan in addition...

  Finance Minister Senator Ishaq Dar said on Wednesday that there is a vast scope for Islamic Banking in Pakistan and the government is encouraging...

  State Bank of Pakistan (SBP), in order to remove any ambiguity and doubt among the general public, on Wednesday reiterated its commitment for promotion...

Dar promises to make country best in Islamic banking while financial top brass explores tools for further development While addressing an opening ceremony of proposals...

Islamic Banking & Finance system can bring prosperity in our society, if we act seriously on Islamic way of life specially in our financial...

In order to provide Islamic Banking services to the general public throughout the country, the Bank of Khyber, under a comprehensive plan is in...

The State Bank of Pakistan (SBP) has released a study of Islamic banking, the first of its kind in the country, which shows latent...

Consumer outreach, rural banking and the need for stand-alone Islamic banks are among issues that must be addressed if the industry is to reach a regulatory target of 15 percent of total banking assets, from under 10 percent now, the study said.

Pakistan's central bank has issued new rules for the operation of Islamic banking windows, aiming to strengthen their role in the world's second-most populous...

Mr. Bilal Mustafa, Managing Director Bank of Khyber (BOK) said BOK is committed to cater the Banking requirements of all segments of society, BOK...

Islamic banking should grow to over 15 percent by 2016 from its current share of 8 percent in the country’s banking industry. This was...

Due to mounting development of Islamic Banking and Finance in the country, International Financial Institutions have become more interested to invest in the field...

The suggestion of using Islamic banking and finance as a tool for social reform has added relevance to the countries in the Middle East,...