Islamic banking assets swell to Rs. 276 billion in Pakistan
The assets of Islamic Banking system have swelled to Rs276 billion, depicting 10.1 per cent growth during the fourth quarter of calendar year 2008 as against 2.6pc increase shown by conventional banking system during the period under review.
Accordingly, the share of Islamic Banks has further soared by 30 bps to 4.9pc by end Dec-08.
