Learn Islamic Banking | Articles & Reports | Meezan BankThis banner text can have markup. Search the history of over billion web pages on the Internet. Muhammad Imran Ashraf Usmani Ph. E-mail : ishaat a ,digicom. In contrast Islam encourages circulation of wealth and regards its role as important to an economy as the flow of blood to our human body. Just as clotting of blood paralyzes human body, concentration of wealth paralyzes economy.
Islamic Finance Affairs
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Dr. Muhammad Imran Ashraf Usmani - Islamic Banking Awareness Campaign
Islamic banks are playing an active role in this aspect by putting comprehensive Shariah controls and mechanisms in place. The Pakistani Islamic Banking industry, particularly, Meezan Bank has made notable efforts and progress in this area. The recent re-launch of Islamic Banking in Pakistan by SBP has been based not only on the lessons learnt from the history of Islamic Banking efforts in Pakistan but also on the experiences of other countries in the world that are currently known for their lead role in Islamic finance sector e. Ishrat Husain gave a comprehensive outline on the evolution of Islamic Banking in Pakistan. Should Islamic financial institutions have the freedom to dabble in derivatives, like their conventional counterparts?