Tag: Sharia-compliance


  • Islamic Banking in Pakistan: Legal Framework Challenges and Opportunities

    Islamic Banking in Pakistan: Legal Framework Challenges and Opportunities

    Overview of Islamic Banking in Pakistan Islamic banking in Pakistan has emerged as a robust segment of the financial system, guided by Sharia principles that avoid interest and emphasize asset-backed, risk-sharing transactions. The sector has grown rapidly in the past decade, driven by demand from both consumers and businesses seeking compliant financial services. Yet with…