Islamic banking and financial inclusion.

The State Bank of Pakistan's (SBP) BSC Islamabad office organised an awareness session in the Federal Urdu University of Sciences and Technology to create awareness regarding Islamic Banking. At the end of 2021, the Islamic banking share reached 18.6% of the banking sector's assets compared to 12.4% at the end of 2017 and 19.4% of deposits compared to 14.5% at the end of 2017: 14.5% The SBP is now targeting the Islamic banking sector to contribute 30% to the overall banking industry assets and deposits by 2025. Net investments of the Islamic banking industry registered an increase of Rs84b during the period under review and stood at Rs1.35tr by the end of Mar 2021. [Extracted from the article]