25.03.2013 - Pakistan as a global leader in Islamic banking and finance
In recent years, Islamic banking and finance in Pakistan has experienced phenomenal growth. Islamic deposits held by fully-fledged Islamic banks and Islamic windows of conventional banks at present stand at 9.7% of total bank deposits in the country: meaning that every 10th rupee is now being deposited in an Islamic bank account. Similarly, assets managed by banks offering Islamic financial services are 8.6% of total banking assets in the country. Net Islamic savings and investments are 8.19% of the total savings and investment in the banking sector in Pakistan...............................................Full Article: Source
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