KARACHI, Aug 29: State Bank Governor Dr Ishrat Husain on Monday said that while Islamic banking was growing rapidly, there was an acute shortage of trained staff in this area and such initiatives would go a long way in bridging this gap.

After inaugurating the Moody’s Islamic bank analysis workshop here, he appreciated the initiative taken by the ICIL Business Training Services and Moody’s.

Delegates from leading banks, mutual funds, investment companies and DFIs are attending the two-day workshop being conducted by Ms Elisabeth Jackson Moore, Managing Director of Moody’s Investor Service.

The SBP governor highlighted the achievements of the banking sector to introduce and promote Islamic banking, besides giving a brief count of the promotion of Islamic banking at global level. He also apprised the participants of the measures taken at the SBP in this regard.

Babar Mufti, Managing Director of ICIL, said the workshop was one of the open enrolment courses on ICIL’s calendar.—APP