Friday, January 27

Tag: Global Islamic Leadershi

PM: (Pakistan wins Global Islamic Leadership Award)

Islamabad:Pakistan has been awarded with Global Islamic Leadership Award in recognition of its efforts for promotion of Islamic Financing. The award was received by President Dr Arif Alvi at the 10th Global Islamic Finance Awards Ceremony here on Monday. Speaking on the occasion, the President noted that Islamic Financing is increasing around the world but its full potential yet needs to be exploited. He appreciated the fact that seventeen percent of Pakistan's banking sector has tuned to the Shariah Compliant instruments. He pointed out that Sukuk bond was recently floated in the energy sector. The President commended the role played by State Bank of Pakistan and Securities and Exchange Commission of Pakistan in promotion of Islamic banking. Dr Arif Alvi emphasized on implementat...