« India: Bollywood Movie to Whitewash Islam |
| UK: How Did Jobless Islamist Bomber Raise $190,000? »
January 6, 2006
Pakistan: Islamic Banking Expands
Yet another sign of the Islamization of the so-called moderated Muslim countries: Pakistan to have 3 new Islamic banks
PESHAWAR, Jan 06 : Three new Islamic banks will be established in the current fiscal year to encourage Islamic banking system and investment in the country, Liaqat Durrani, Managing Director State Bank of Pakistan (SBP) said."The SBP has issued licenses to three interested parties for setting up Islamic banks", he told reporters after attending a daylong seminar on "Banking Challenges in 21st century," held here at Preston University.
The SBP has planned a training programme for the bankers and students of Human Resource Management (HRM) to train them on Islamic mode of banking.
"Only those banks would survive which kept themselves up-to-date with latest banking techniques, operational competence, E-banking system and train its staffers on regular basis," Durrani remarked.
Posted by Ruy Diaz at January 6, 2006 4:05 PM
Comments
Post a comment
Thanks for signing in, . Now you can comment. (sign out)
(If you haven't left a comment here before, you may need to be approved by the site owner before your comment will appear. Until then, it won't appear on the entry. Thanks for waiting.)