Monday 18th of March 2024
Home    |   SCCI Role & Purpose    |   Feedback   |   Contact Us
 
NEWLY OFFICE BEARERS 2022-2024 MUHAMMAD TARIQ IQBAL MUGHAL PRESIDENT, Mr. KHALID ZAMAN TOOR SENIOR VICE PRESIDENT, SHEIKH MUHAMMAD AZEEM VICE PRESIDENT      
Enter Membership ID, Company Name, Person Name, NTN or Phone
Home | Press Release
Pakistan’s Islamic banking push faces industry gaps
 admin October 17, 2014, 12:13:48 AM 

 ISLAMABAD: Pakistan’s central bank has released a study of Islamic banking, the first of its kind in the country, which shows latent demand for shariah-compliant finance but many obstacles such as small branch networks and a lack of product awareness among consumers.

 
Consumer outreach, rural banking and the need for stand-alone Islamic banks are among issues that must be addressed if the industry is to reach a regulatory target of 15 per cent of total banking assets, from under 10pc now, the study said.
 
Study, based on a nationwide survey of 9,000 households and 1,000 companies, confirmed widespread consumer acceptance of the ban on interest payments which underpins Islamic finance. Read more
Register |  Sign in
  In the Spotlight
 
  Sheikhupura Weather
Advertisements
SCCI Advertise your business with us, today! SCCI Advertise your business with us, today! SCCI Advertise your business with us, today! SCCI Advertise your business with us, today!
Sheikhupura Chamber on Facebook Sheikhupura Chamber on Twitter SCCI Advertise your business with us, today! SCCI Advertise your business with us, today!
Phone: +92 42 371 68999   fax: +92 42 371 68999   E-mail: info@scci.net.pk   Address: 23 KM, Lahore-Sheikhupura Road, Qila Sattar Shah, Sheikhupura, Punjab, Pakistan
Copyright © 2010 IT Department of Sheikhupura Chamber of Commerce. All rights reserved.
Designed & Developed By: Progressive
Total Hits: 3845177