Tag Archives: Islamic banking to outpace conventional peers by 2026

ISLAMABAD: With continuous strong growth trajectory, Pakistan’s Islamic banking industry is estimated to materially outpace conventional banking by 2026, according to Moody’s Investors Service. “Huge growth over the past decade shows no signs of slowing. The Islamic banking industry in Pakistan has grown by 24 per cent a year on average over the last decade, expanding by 30.6pc in 2021 …

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