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Saturday, 30 June 2012

Qualified Islamic bankers must for Islamic banking

KARACHI: There is need to change non-qualified personnel in Islamic banking besides staff from conventional banks into Islamic financial experts so that Islamic banking could be run by qualified Islamic bankers. Chief Executive Officer of AlHuda Centre of Islamic Banking and Economics, Muhammad Zubair Mughal said this while addressing the First International Forum of Islamic Banks and Financial Institutions, under the patronage of Prime Minister of Jordan Dr Fayez al-Tarawneh. He said Islamic banking and finance should not be only for well-off business personnel or middle class but its benefits should also be disseminated to poor through Islamic microfinance so that they could get rid of poverty and live their lives respectfully through proper employment. He said presently, Islamic banking is growing at a very rapid pace and the Central Asian countries, Kazakhstan, Afghanistan, Tajikistan, Uzbekistan, Kyrgyzstan, Azerbaijan and African countries-Nigeria, Tanzania, Kenya, Ghana, Tunisia, Senegal etc, are its new destinations. staff report

(Daily Times / 30 June 2012)

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