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 Islamic banking to be introduce in microfinance: SBP governor
 Updated at: 1303 PST,  Saturday, December 12, 2009
Islamic banking to be introduce in microfinance: SBP governor KARACHI: The Governor State Bank Syed Salim Raza said Islamic banking will be launched in microfinance sector.

Addressing a function organized by Acumen Fund Community Gathering here, Salim Raza said number of people got microfinance is only 1.5 million in Pakistan. The center bank is providing better regulatory framework and smart subsidies for the boost of microfinance banking. He said we should enhance investment in social sector. Mobile banking and banks without branches have also introduced whereas a special credit information bureau has also been established for microfinance.

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