Aurangzeb Highlights Pakistan’s Economic Stability & Islamic Finance Role

Aurangzeb Highlights Pakistan's Economic Stability & Islamic Finance Role

In a virtual address to the Islamic Capital Market Conference, Aurangzeb said that the country’s economic stability moving in the right direction.

The Finance Minister said that Pakistan has been capable of emerging as an Islamic finance hub adding that the Islamic capital market could play its role in the country.

“We have some financial challenges and we have to resolve these issues jointly,” Aurangzeb said.

He said sukuk bonds are important for interest-free loans adding that sukuk and Islamic investment bring down Pakistan’s dependence on interest-based loans.