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4th Islamic Finance Expo & Conference 2015 to promote Sharia banking

byCustoms Today Report
23/04/2015
in Business
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KARACHI: To promote Sharia banking in the country Pakistan’s Fourth Islamic Finance Expo & Conference 2015 has been held at a local hotel.

A large number of scholars and banking experts are participating in the event to discuss and share their knowledge, expertise and experience on the principles, instruments and issues related to Islamic finance.

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Securities & Exchange Commission of Pakistan (SECP) Chairman Zafar Hijazi, chief guest of the occasion, said that he is impressed by the range of products & services being displayed at this platform. He said that the SECP has set a roadmap for the promotion of Islamic Finance in Pakistan.

He stated that SECP is centralising the Shariah related capital market activities, introduction of Shariah regulation for takaful, modarabas, Islamic mutual funds, Islamic pension funds, Islamic REITs, Islamic products and instruments, Shariah complaint (non-financial), other Islamic financial institutions.

He said that Islamic Financing contributes in enhancing business growth and economic growth. He admired the efforts of Federal Finance Minister Ishaq Dar for their contributions on Islamic Financing Promotion and Endorsements.

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