Social justice, poverty alleviation is the true spirit of Islamic banking: President


ISLAMABAD, Feb 1 (APP): President Mamnoon Hussain on Monday said the real objective of Islamic banking is to ensure social justice and poverty alleviation, and urged upon the banking sector to reach out to the poor to maximize the benefits of Islamic banking. The President expressed satisfaction over the growing popularity of Islamic banking in Pakistan and said responsibility lied on the country’s banks to become role models for the world by devising a system of judicious distribution of wealth.