Dar wants a pie of $1.6t Islamic Banking bonanza
The Economic Corridor aims to build a high quality modern expressway linking Gwadar with Kashgar.
Dar said that the size of Islamic Banking has reached one point six trillion dollars. PHOTO: PID
ISLAMABAD:
Noting the global worth of Islamic banking had swelled $1.6 trillion, Finance Minister Ishaq Dar on Thursday urged the Steering Committee to find a way to get a share of that market, reported Radio Pakistan.
Meeting with members of the Steering Committee in Islamabad on Thursday‚ Dar urged them to explore ways and means to get a sizeable share in Islamic Banking and also suggest measures to benefit from it.
The finance minister expressed confidence that the committee would come up with its recommendations by January 31, 2014 as per its terms of reference.
Earlier, while addressing at the Integrated Transit Trade Management Conference in Islamabad, Dar stated that it is the government's vision to develop transport corridors that open up new areas‚ facilitate trade and give benefits to maximum people for uplifting their socio-economic condition.
He expressed his views about how goals can be achieved of better connectivity with neighbouring countries and expansion of trade links. The government has announced the initiative of Economic Corridor which aims to build a high quality modern expressway linking Gwadar with Kashgar as a modern equivalent of ancient silk-route.
Noting the global worth of Islamic banking had swelled $1.6 trillion, Finance Minister Ishaq Dar on Thursday urged the Steering Committee to find a way to get a share of that market, reported Radio Pakistan.
Meeting with members of the Steering Committee in Islamabad on Thursday‚ Dar urged them to explore ways and means to get a sizeable share in Islamic Banking and also suggest measures to benefit from it.
The finance minister expressed confidence that the committee would come up with its recommendations by January 31, 2014 as per its terms of reference.
Earlier, while addressing at the Integrated Transit Trade Management Conference in Islamabad, Dar stated that it is the government's vision to develop transport corridors that open up new areas‚ facilitate trade and give benefits to maximum people for uplifting their socio-economic condition.
He expressed his views about how goals can be achieved of better connectivity with neighbouring countries and expansion of trade links. The government has announced the initiative of Economic Corridor which aims to build a high quality modern expressway linking Gwadar with Kashgar as a modern equivalent of ancient silk-route.