SBP has taken a number of steps to improve authenticity of Islamic financial products

Islamabad represented by only one bank at UK leadership conference

Event to be attended by CEOs of Islamic institutions

Only 52% of the respondents aware of any law pertaining to Islamic finance.

Centres of excellence have been set up, but academic rigour found lacking

Universities must also conduct joint research on poverty alleviation, income inequalities

Need for them to shift from money management to adding broader socio-economic services

With rise in social media-related dismissals, guidelines must be developed

Growth in country expected to be higher than global average

It provides new sources of working capital, contributes to growth of economies.