Riba Free Economy
Wednesday, 21 September 2011
Thursday, 18 August 2011
Elimination of Riba and Pakistan
Elimination of Riba has been a major issue in Pakistan occupying the attention of policy makers, bankers, legal experts, and Islamic scholars for the last several decades. Apart from the efforts undertaken by the government to introduce non-interest modes of financing, the debate received fresh impetus after the judgment of the Federal Shariat Court in 1991 which was further reinforced by the judgment of the Supreme Court in December 1999.
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