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Pakistan: Govt taking steps to encourage Islamic banking: Sheikh

Posted on 10 February 2011

From Thenews.com.pk: Investment in Islamic banking industry has touched Rs424-billion mark till 2010 and the government is taking measures to encourage Islamic banking and finance in the country, Finance Minister, Dr Abdul Hafeez Sheikh, said.
“In the wake of recent global financial crisis and debt problem of the third world countries and the Eurozone, the Islamic banking and finance has established it self globally and is growing at a rapid pace,” the federal minister said at the two-day international conference on Islamic Business and Finance……………………………………….Full Article: Source

 
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