’Women entrepreneurs could promote Riba-Free banking’

FAISALABAD: Women entrepreneurs could play their key role to promote Riba-Free banking in Pakistan, said Najam-ul-Hasan, senior adviser Meezan Bank.

Talking to a delegation of Faisalabad Women Chamber of Commerce and Industry (FWCCI), he said that Islamic banking was growing at faster pace but still its total share was 14 percent as compared to conventional banking.

He said that it was mandatory for Muslims to practice Riba-Free banking adding that he said that female entrepreneurs could not only harvest the benefits of Islamic banking but they would also transfer it to their coming generations by switching over to the Islamic system.

Speaking on the occasion, President FWCCI Madam Quratul Ain appreciated the efforts of Meezan Bank for the promotion of Islamic banking and said that the women were more inclined towards religion than male members of society.