Pakistan looks to raise public profile of Islamic finance
The State Bank of Pakistan (SBP) is pushing the country's Islamic banking industry to develop products that are more distinct from conventional modes of finance, and will make a renewed push to improve public perception of Islamic finance.
The Islamic banking industry has grown to a 10% share in Pakistan's banking system. The 19 institutions that offer Islamic banking products and services have established roughly 1,200 branches across the country.
Saleem Ullah, director of the SBP's Islamic
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