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NBP opens 110 Islamic banking branches

News Updates 20 June 2016_html_m20f9957aNational Bank of Pakistan is working on promotion of Sharia based banking and it has set up 110 exclusive Islamic banking branches in the country. According to Saima Rahim, regional head, Islamic Banking of the bank, the bank is spreading its Islamic banking branches in every nook and corner of the country. She said Sharia based banking is also extended to Federally Administered Tribal Area (FATA). She said the decision to start Islamic Banking was taken after appearance of reports about looting of public money by vested elements in the name of Mudarba.

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