28.11.2011 - Paksitan: Islamic finance expands to 7pct of banking sector

State Bank of Pakistan (SBP) Deputy Governor Muhammad Kamran Shehzad has said the Islamic banking industry is gradually increasing its share in the market and today it constitutes about 7.3 per cent of the overall banking system in Pakistan. He said the Islamic banking industry, which was re-launched in 2001, had maintained strong growth momentum with over 30 per cent average annual growth over the last six to seven years.............................................Full Article: Source

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