Government of Pakistan’s Commitment to Developing and Fortifying Islamic Finance Industry Assured: Shaukat Tarin

Shaukat Tarin, Advisor to the Prime Minister on Finance and Revenue in Pakistan, who was speaking at the virtual 10th Islamic Finance Expo & Conference assured the support of the Government of Pakistan for expanding and fortifying the Islamic finance industry.

Why it Matters?

Tarin stressed that Islamic finance, growing at a fast pace in the global financial system, has been identified globally as an effective method of development financing, recognised in non-Muslim countries as well. With features such as the sharing of risks and emphasising financial inclusion and social welfare, Islamic finance has similarities with Environmental, Social and Governance (ESG) goals. He added that the steady development of Islamic finance with numerous economic...