Pakistan, Iran and Sudan announced the abolition of interest-based banking and started using the Islamic banking system. Furthermore, the implementation of Islamic banking has been a policy concern for several years in a number of Islamic countries such as Malaysia and Indonesia. Essay Sauce, It indicates the journey of Pakistani banking sector since the establishment of SBP as a central bank. The SS banking sector has seen expansion through development projects. Introduction. Among Pakistani deposit money banks, there are two banking models. The dominant model is that of commercial banks with total deposits, in the SBP. The other model is that of microfinance deposit banks or MFBs with total deposits, in the same year, of billions,