Pakistan’s Islamic finance industry is set to pass $100billion by 2027: Fitch Ratings

Dubai/Jakarta/Toronto: The Pakistani government’s strategy to transition its financial system towards sharia compliance is likely to drive the Islamic finance industry to surpass USD100 billion by 2027, Fitch Ratings says.Progress has been most notable in banking, where policy direction has become clearer, and regulators have stepped up oversight of the conversion and supported expansion of […]