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Pakistan: Biggest challenge in Islamic banking promotion lack of awareness

Posted on 20 October 2010

From Brecorder.com: The biggest challenge to promote Islamic banking in the country is lack of awareness about Islamic banking concepts among general public, said Saleemullah, Director, Islamic Banking Department, State Bank of Pakistan (SBP), on Tuesday.
The stakeholders, including bankers and practitioners must play their due role in promotion of Islamic banking products, he said. The apprehensions and confusion about Islamic banking among masses needs to be removed, he added. The second major issue, he said, is capacity of banking sector where share of Islamic banking needs to be improved……………………………………….Full Article: Source

 
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