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Tag Archives: IBBs

Growth of Islamic Banking in Pakistan

Growth of Islamic Banking in Pakistan

Statistics show that in Pakistan the composition of Islamic banking industry (IBI) stayed similar with 22 Islamic banking institutions comprising 5 full-fledged Islamic banks (IBs) and 17 conventional banks having standalone Islamic banking branches (IBBs) at the end of December …

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Growth and prospects of Islamic Banking in Pakistan

Growth and prospects of Islamic Banking in Pakistan

The Islamic banking and finance system offers more ethical and efficient alternative to the interest-based conventional financial system. Islamic banking and finance institutions emerged in the Middle Eastern financial markets in early 1970s, based on models developed by Islamic economists …

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