The State Bank of Pakistan (SBP) on Friday said that in the last year, 2021, a ‘historic’ increase by Rs1,300 billion (30.6 percent) was recorded in the assets of Islamic banking, reported 24NewsHD TV channel.
In its report, the bank said with that substantial increase, the assets reached Rs5, 577 billion.
The report read that after an increase by Rs822 billion (24.2 per cent), the Islamic banking deposits reached Rs4211 billion in the preceding year.
Reporter: Ashraf Khan