ISLAMABAD: Pakistan has the second-largest Muslim population in the world with very low banking penetration. The government seeks to increase financial inclusion through promoting Islamic finance as part of the National Financial Inclusion Strategy.

In order to create awareness about Islamic banking, the State Bank of Pakistan organised an awareness session in Federal Urdu University of Sciences and Technology on Wednesday.

Senior research scholar from Meezan Bank Zulqurnain Haider, being Islamic Banking trainer, was the speaker.

Participants were told that Islamic finance industry was on a growth path in recent years.

Mr Zulqarnain spoke on the social topic and answered students’ questions regarding Islamic banking.

Dr Ihteshamul Haq, head of department of economics, shed light on importance of conducting such seminars for better understanding of literary concepts and their connection with practical needs of students.

Published in Dawn, September 29th, 2022