Islamic banking is defined as banking system which is in consonance with the spirit, ethos and value system of Islam and governed by the principles laid down by Islamic Shariah. Interest free banking is a narrow concept denoting a number of banking instruments or operations which avoid interest.

(Read More)

The regulations applicable vide circulars (issued by the Islamic Banking Department of SBP) are specifically for Islamic Banking Institutions and are in addition to the general regulations that are applicable on all banking institutions or as prescribed by SBP from time to time.

(Read More)

(Read More)