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Mr. Zafar Masud Speaks at CFA Society Pakistan on Changing Global Landscape Implications for Pakistan

This seminar in CFA Society Pakistan; ‘Navigating Global Shifts – Implications for Pakistan is moderated by Mr. Mohammad Shoaib, CFA, Director of CFA Society Pakistan. The session features a distinguished panel of experts, including Dr. Salman Ahmed, Global Head of Macro and Strategic Asset Allocation at Fidelity International; Mr. Zafar Masud, CEO of Bank of Punjab; and Dr. Ali Hasanain Professor of Economics at LUMS, sharing key insights.

Mr. Zafar Masud on Shifting to Islamic Banking

Zafar Masud, Chairman Pakistan Banks Association & President/CEO BOP speaks on shift from Conventional to Islamic Banking. He emphasised the importance of transitioning to a system rooted in Shariah Principles, highlighting its potential to offer ethical financial solutions. Mr. Masud outlined conversion strategy focused on gradual adoption, regulatory adjustments, and public awareness.

Moral Economy

Challenge to the ‘moral economy’

Mr. Zafar Masud (Chairman – Pakistan Banks Association and President & CEO – BOP) and Mr. Sultan Ali Allana (Chairman – HBL) emphasize the importance of the ‘moral economy,’ where societal norms influence economic behavior. Aligning economic practices with ethical standards is essential for improving Pakistan’s socioeconomic landscape.