Islamic banking industry witnesses rapid growth

By MG News | November 07, 2018 at 05:54 PM GMT+05:00

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November 7, 2018: The global Islamic banking industry has witnessed a rapid growth with particular focus on implementation of Shariah compliance mechanism which will further strengthen the confidence of account holders.

Head Shariah Compliance Meezan Bank Ahmed Ali Siddiqui said this while addressing a workshop organized by State Bank of Pakistan (SBP) Faisalabad in collaboration with Meezan Bank for Muftis and Ulemas on Wednesday.

He said that Islamic Finance Industry was working to provide more authentic and reliable mechanism of Sharia compliance so that system is preferred by its customers to fulfill their entire banking needs.

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