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Pakistan: SBP to provide supportive policy for Islamic Banking

Posted on 11 February 2011

From Dailytimes.com.pk: The central bank is committed to provide an enabling and supportive legal, policy and regulatory framework for the development of the Islamic banking industry on sound footings in the country, said Yaseen Anwar, Deputy Governor State Bank of Pakistan (SBP) Thursday.
While delivering a welcome note at a talk on “Narrowing the gap between philosophical underpinnings of Islamic finance & its practices” organized by Dr Abbas Mirakhor, a renowned economist & Islamic finance professional and former Executive Director of the International Monetary Fund at SBP, Yaseen Anwar said that the State Bank is taking a number of initiatives for the promotion of Islamic finance in Pakistan……………………………………….Full Article: Source

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