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Islamic system can recover global financial trust

Posted on 22 November 2012

State Bank of Pakistan Deputy Governor Abdul Muktadir has said true spirit of Islamic financial system is the way forward that may help the global financial system to recover and regain the lost trust of stakeholders. ‘The Islamic banking industry is expected to grow considerably to play its critical role towards the economic growth in any economy.
He said that we need to deliberate on sustaining growth in the New Economic Order and enhancing cooperation through trade and capital inflows among the D-8 countries. Kazi outlined four key aspects for D-8 central banks’ cooperation for promoting inclusive economic growth amongst the D-8 countries………………………………………..Full Article: Source

 
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