Karachi, November 8, 2024: BankIslami Pakistan Limited, a leading force in the country’s Islamic banking sector,
took center stage at the 8th Edition of The Future Summit, held on November 6-7, 2024, in Karachi, with its
leadership offering key insights on the evolving role of financial institutions in Pakistan’s economy.
The Future Summit featured notable figures, including Senator Muhammad Aurangzeb, Federal Minister for
Finance & Revenue, Zafar Masud, Chairman of the Pakistan Bank’s Association & President & CEO of Bank of Punjab, Dr. Shamshad Akhtar, Chairperson of the Pakistan Stock Exchange; Dr. Ishrat Husain, former Federal Minister and Governor of the State Bank; and others.
BankIslami’s CEO, Rizwan Ata, participated in a panel titled “Finding the Bright Spots,” a session focused on
uncovering emerging opportunities across industries and mapping strategies for sustainable progress.
In his remarks, Rizwan noted, “The shift toward Islamic banking in Pakistan is not just a regulatory directive; it’s a
response to our customers’ call for financial services rooted in Shariah principles. At BankIslami, we view our
mission as one of inclusivity – prioritizing access to Shariah-compliant financial solutions for all, especially those
previously underserved. By focusing on sectors like education and healthcare, we’re laying the groundwork for a
resilient, inclusive economy.” The Summit also saw BankIslami’s Deputy CEO, Imran Haleem Shaikh, engage in a session titled “Fast Forward 2030: Will Pakistan's Financial Sector Deliver?” where the discussion explored how financial institutions can bolster Pakistan’s economic growth and resilience in the coming decade.
Reflecting on BankIslami’s role, Imran Shaikh emphasized the importance of empathy and innovation. “True
financial inclusion requires us to understand and address the diverse needs of our customers across backgrounds and beliefs. Our commitment to an Islamic banking system goes beyond regulatory mandates; it’s about creating a trusted ecosystem that resonates with our customers' values. The State Bank’s vision for a fully Islamic financial system by 2028 is a pivotal step toward strengthening the country’s economic foundation and integrity.”
The Future Summit featured notable figures, including Senator Muhammad Aurangzeb, Federal Minister for
Finance & Revenue, Zafar Masud, Chairman of the Pakistan Bank’s Association & President & CEO of Bank of Punjab, Dr. Shamshad Akhtar, Chairperson of the Pakistan Stock Exchange; Dr. Ishrat Husain, former Federal Minister and Governor of the State Bank; and others. Together, they engaged in dialogue that addressed critical issues, offering a roadmap for Pakistan’s financial sector and economic development.
The summit, co-hosted by Unity Foods Limited and Nutshell Conferences Group, serves as a premier platform for
industry experts, thought leaders, and innovators to discuss and shape Pakistan's economic and strategic future. BankIslami's active participation underscores its commitment to advancing financial inclusion and contributing to the nation's economic development through Shariah-compliant banking solutions.
