Pakistan looks to raise public profile of Islamic finance

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The State Bank of Pakistan (SBP) is pushing the country's Islamic banking industry to develop products that are more distinct from conventional modes of finance, and will make a renewed push to improve public perception of Islamic finance.

The Islamic banking industry has grown to a 10% share in Pakistan's banking system. The 19 institutions that offer Islamic banking products and services have established roughly 1,200 branches across the country.

Saleem Ullah, director of the SBP's Islamic

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