SBP Introduces Shariah Compliant Liquidity Facilities for Islamic Banking Institutions
In line with State Bank’s strategic plan to improve Liquidity Management Framework for Islamic Banking Industry and enhance the effectiveness of monetary policy implementation, SBP has introduced Shariah Compliant Standing Ceiling Facility and Open Market Operations (injections) for Islamic Banking Institutions (IBIs). As the size of the Islamic banking industry is increasing, SBP recognizes the…
Adil Aziz