The document provides an overview of Islamic banking in Pakistan, including its history, current state, and key features that distinguish it from conventional interest-based banking. It notes that Islamic banking grew gradually in Pakistan starting in the 1970s-80s due to various efforts, with the current strategy involving full-fledged Islamic banks, Islamic banking subsidiaries, and standalone branches. Today, Islamic banking is available across major cities in Pakistan through 6 full-fledge banks and 13 conventional banks with Islamic banking divisions comprising over 500 branches in total.