| The Islamic banking industry (IBI) completed 94 percent of its approved expansion plan in nine year by having a network of 886 branches by end of 2011, State Bank of Pakistan (SBP) reported.
Its assets and liabilities both constitute 7.8 percent of the overall banking industry by end of 2011. The quarterly ‘Islamic Banking Bulletin’ said that the asset base of the industry reached Rs 641 billion, indicating 13 percent quarterly growth by close of December 2011...............................................Full Article: Source
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