We at State Bank of Pakistan do not compromise on stability of the sector and hence fully acknowledge issues like adverse selection and moral hazard linked with participatory based modes of financing particularly to these sectors. However, this challenge demands the industry to diverge from traditional business approaches and develop adequate risk management framework through coordinated efforts.
This can enable  Page 2 of 4  industry to tap these strategically important sectors and create value for their shareholders, depositors and country’s economy as a whole. While talking about these unserved sectors I would also like to draw your attention to the fact that like any Muslim dominant country financial exclusion in Pakistan is voluntary and involuntary.