The financial landscape in Pakistan is undergoing significant changes, with Islamic banking experiencing a remarkable surge. According to TechJuice, Islamic bank financing has increased by over 800% in the first half of the current financial year as businesses shift away from conventional loans. This shift is attributed to the private sector's growing preference for Sharia-compliant financial products, which has also seen businesses repay Rs. 120 billion in conventional loans. This trend highlights a broader movement within the financial sector, as businesses seek alternatives to interest-based borrowing, potentially reshaping the banking industry's future in Pakistan.