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Paksitan: Islamic banking grows by 30pct

Posted on 28 November 2011

Islamic banking industry maintained strong growth momentum with over 30 per cent average annual growth during the last six to seven years, said Mohammad Kamran Shezad, Deputy Governor, State Bank.
Kamran Shezad said that Islamic banking industry at present constitutes about 7.3 per cent of the overall banking in Pakistan.He said there are five full-fledged Islamic banks and 12 conventional banks having Islamic banking branches with a network over 840 branches in more than 70 districts across the country………………………………………Full Article: Source

 
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