Islamic banking important for poverty alleviation.

The Islamic banking industry could play a vital role in eradicating poverty and inequality from Pakistan, said former State Bank of Pakistan (SBP) governor Dr Ishrat Husain. Speaking at the International Conference on Islamic Banking and Finance as a chief guest on Wednesday, Husain highlighted that a lot of work was needed to educate the public about the difference between Islamic and conventional banking. Quoting the growth figures of...

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