Pakistan’s Islamic finance industry set to surpass $100bn by 2027
Pakistan’s transition towards a Shariah-compliant financial system is expected to push the country’s Islamic finance industry beyond $100 billion by 2027, Fitch Ratings said.
August 20, 2026 (MLN): Pakistan’s transition towards a Shariah-compliant financial system is expected to push the country’s Islamic finance industry beyond $100 billion by 2027, Fitch Ratings said. According to the ratings agency, progress has been strongest in the banking sector, where policy direction has become clearer and regulators have stepped up efforts to oversee the conversion of conventional banking operat...