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Pakistan: Islamic banking growth is impressive

Posted on 06 August 2012

Attock Chamber of Commerce and Industry (ACCI) said that growth rate of Islamic banking in Pakistan is very impressive. A decade back Pakistan had only one Islamic bank while now we have five Islamic banks and Islamic banking branches representing all the top ten conventional banks, it said.
75 countries have recognised Islamic banking, major banks including HSBC, Citigroup, Deutsche Bank and Standard Chartered have Islamic banking branches or windows, which prove success of Riba-free banking, said President ACCI, Tariq Mehmood………………………………………..Full Article: Source

 
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