Bridging the Gap: Aligning Legal Frameworks with the Growth of Islamic Banking and Finance in Pakistan

Abstract

This research is highlighting the intricate legal landscape surrounding Islamic banking and finance (IBF) in Pakistan, a rapidly evolving and globally significant sector. Recognizing the critical need for a comprehensive analysis, this study delves into the complex legal framework governing IBF operations, specifically focusing on the unique and often challenging legal issues faced by businesses within this dynamic environment. Through a corporate lens, the research meticulously examines these legal nuances, including regulatory compliance hurdles and practical implementation difficulties. By advancing our understanding of the diverse facets of IBF and contributing significantly to existing knowledge, this research ultimately aims to illuminate the legal landscape of this crucial and rapidly growing sector.

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