By Ahmed Ali Siddiqui & Obaid Usmani
Abstract
Islamic Banking has shown notable growth in the last decade in Pakistan, mainly due to the availability of learned Shariah scholars who have gained expertise in Islamic Finance. The first Bank to register as an Islamic Bank in the country was Meezan Bank and the value it places on its Shariah Product Development and Compliance functions has gone a long way in making it the market leader.
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