The Islamic banking current share of 8% should grow to over 15% by 2016 in the country through penetration in all potential sectors with innovative Sharia based products and services.
Irfan Siddiqui, President & CEO of Meezan Bank expressed his vision while stating the broad growth strategy of Islamic Banking industry and his bank for the next five years. Meezan Bank, Pakistan’s first and largest Islamic Commercial Bank has completed its 10-year of operations to become the 9th largest bank of Pakistan in terms of branches with a network of 288 in 88 cities across the country………………………………………..Full Article: Source