Behind the Money cover image

Why Islamic banking is taking off

Behind the Money

CHAPTER

Islamic Banking in Pakistan: A Cultural Shift

This chapter examines the rising adoption of Islamic banking in Pakistan, driven by cultural and religious values. It highlights how individuals prioritize faith-based financial management over higher returns while exploring the unique principles of Islamic finance, such as profit-sharing. The episode features Mizan Bank as a successful example and discusses the challenges and opportunities within Pakistan's Islamic banking landscape.

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