PAKISTAN: The Islamic banking deposits target set by the central bank – to surpass 50% by January 2025 – has not been met, according to official documents. Arab News reported that Pakistan achieved only 24.9% Shariah compliant banking deposits by December 2024. State Bank of Pakistan targets are for 50% by January 2025, 65% by January 2026, 80% by January 2027 and 100% by December 2027.
Restricted Access
Login to continue reading (existing subscriber)
Subscribe NOW and get:
- Gain unlimited access through all key operating platforms
- Full access to all listed Islamic funds & fund profiles
- Unlimited access to all Islamic fund managers
- Access to all exclusive articles, reports, podcasts & videos
- Complimentary access to all IFN Investor Forums
