| State Bank of Pakistan (SBP) Islamic Banking Director Saleemullah has said that the central bank is giving incentives to Islamic banks that are opening branches in far-flung areas of the country to fuel growth of the industry.
He said this while talking to a group of journalists at the launch of the ‘World Islamic Finance Summit 2011’ logo on Wednesday. The two-day summit is scheduled to be held in Karachi on September 21-22. SBP recently launched a policy with the objective of providing incentives for Islamic banks to set up branches in districts where they have less than 10 branches, he said..............................................Full Article: Source
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