Tag: UBL Islamic Banking

  • What You Need to Know About Shariah-Compliant Banking in Pakistan

    What You Need to Know About Shariah-Compliant Banking in Pakistan

    Shariah-compliant financial institutions are also known as Islamic banks or Islamic financial entities. They follow Islamic law, also known as Shariah, in their fiscal policies. The primary principles of Islamic banking are equitable sharing between stakeholders and banning interest payments by lenders and financiers. Islamic financial markets account for 22% of the world stock market’s […]