Entries in English and Malay (Bahasa Melayu)

Monday, 23 December 2013

Islamic banking rises to $1.6 trillion: Dar

ISLAMABAD: Finance Minister Ishaq Dar said on Thursday the global size of Islamic Banking had reached $1.6 trillion, hoping that the Steering Committee for the Promotion of Islamic Banking would find ways to raise the banking’s size locally and give suggestions to benefit from it.
The Finance Minister was confident that the Committee would come up with its recommendations by Jan 31, 2014 as per its terms of reference.
In a meeting with the Committee’s officials at the Ministry of Finance, Mr Dar said, “Pakistan was created in the name of Islam. Therefore, it is incumbent upon us to create a conducive environment where the people can live their lives according to the teachings of Islam.”
The Steering Committee comprises Saeed Ahmad(Chairman), Maulana Mufti Muneebur Rehman, Munir Kamal (Chairman National Bank), Saleem Ullah (Director SBP/Secretary), Irfan Siddiqui (Banker), Afaq Khan (Banker), Dr Imran Usmani and Dr Waqar Masood.
(Dawn.Com / 20 Dec 2013)
Alfalah Consulting - Kuala Lumpur:
Islamic Investment Malaysia:

No comments:

Post a Comment

Latest Posts

Upcoming Events on Islamic Finance, Wealth Management, Business, Management, Motivational

Alfalah Consulting's facebook


Alfalah Consulting is NOT providing any kind of loan to finance project etc and asking for a fee. If you've received any email claiming to be from Alfalah Consulting, offering loan to you, please ignore it or inform us for further actions. Our official email is If you've received an email from, that's NOT from us. Be cautious!