Ashraf Mahmood Wathra: Developing Islamic finance for its sustainable growth

Keynote address by Mr Ashraf Mahmood Wathra, Governor of the State Bank of Pakistan, at the World Islamic Finance Forum (WIFF), Karachi, 5 September 2016.

The views expressed in this speech are those of the speaker and not the view of the BIS.

Central bank speech  | 
26 October 2016

Respectable Senator Muhammad Ishaq Dar, Federal Minister for Finance, Revenue, Economic Affairs, Statistics, & Privatization, Justice (R.) Muhammad Taqi Usmani, Dr. Ishrat Hussain, Chairman, Dr. Azmi Omar, Director General, Islamic Research & Training Institute, Professor Dr. Abbas Mirakhor, Dr. Farrukh Iqbal, Dean and Director, Center of Excellence in Islamic Finance Education-IBA, Distinguished Guests, Ladies & Gentlemen


It gives me immense pleasure to see global strategic players like International Centre for Education in Islamic Finance, The Islamic Research and Training Institute, International Shari'ah Research Academy for Islamic Finance (ISRA) joining hands with the Centre of Excellence in Islamic Finance Education, IBA for organizing World Islamic Finance Forum in the largest city of Pakistan. This is a clear reflection of Pakistan being a significant contributor towards the growth and development of Islamic finance industry. I want to appreciate the organizers for providing this forum bringing together global thinkers and practitioners who can synthesize the work so far done and build on the core competencies of Islamic finance for its sustainable growth. I wish all the best for the success of this global event and a very pleasant stay to the distinguished foreign delegates.