Former SBP governor calls Islamic banking 'economic necessity'
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Description
At the launch of Unconventional – The Bank No One Saw Coming by Sibtain Naqvi, former State Bank of Pakistan governor Dr. Ishrat Husain described Islamic banking as an economic necessity rather than just a religious choice. He praised Meezan Bank’s remarkable rise since 2002 as a model of professionalism, integrity, and visionary leadership. Dr. Husain highlighted that Islamic banking promotes equity, fairness, and financial inclusion, offering a balanced alternative to conventional capitalism and socialism. The book and event celebrated Meezan Bank’s journey, its founder Irfan Siddiqui’s leadership, and the institution’s role in reshaping Pakistan’s financial landscape.
Publication Source
DAWN
Publication Date
10-4-2025
Pages
13
Disciplines
Business | Law | Social and Behavioral Sciences
Recommended Citation
Salman, Peerzada. (2025, October 04). Former SBP governor calls Islamic banking 'economic necessity'. DAWN, . 13. https://ir.iba.edu.pk/press-media/149
Keywords
Islamic banking, Meezan Bank, Dr Ishrat Husain, Sibtain Naqvi, IBA Karachi, financial inclusion, economic necessity, leadership, Islamic finance, Pakistan banking sector
