Monday, October 5, 2026
News

Pakistan's Jammat-i-Islami chief demands eradication of interest-based economy

SocialTwist Tell-a-Friend    Print this Page   COMMENT

Lahore | November 27, 2022 7:59:52 AM IST
Chairman of Pakistan's Islamist political party, Jamaat-i-Islami (JI), Sirajul Haq demanded the government eradicate the system of interest-based economy and warned of protests across the country if demands are not fulfilled, Dawn reported on Saturday.

Speaking to the JI employees in Mansoorah on Friday, he said that the government must give the banks instructions to withdraw their appeals of the Federal Shariat Court's ruling against interest.

When he opened the State Bank of Pakistan, Quaid-i-Azam Muhammad Ali Jinnah gave unambiguous instructions to adopt the Islamic model of the economy, according to Haq, who also claimed that the interest-based economy violated the Constitution.

The JI leader also expressed discontent over the fact that seven decades had passed and the authorities still had not moved in this direction.

Haq also urged the Pakistan government to implement the Riba amnesty programme and base its taxation policies on Zakat and Ushr. He added that the International Monetary Fund (IMF) managed the country's economy and that the national curriculum was created by western non-governmental organisations (NGOs). In the presence of these upholders of the status quo, he claimed, there would be no change in the nation and its economic crisis, Dawn reported.

Meanwhile, Pakistan is reeling under a deep economic crisis. The PTI government has always been blamed for not being able to control inflation by the incumbent rulers when they were in opposition.

Imran Khan was ousted from power after losing a no-confidence vote, which he alleged was part of a US-led conspiracy targeting him because of "independent" foreign policy. Even after his ouster, the former PM has continued with foreign conspiracy tirades at every rally. (ANI)

 
  LATEST COMMENTS (0)
POST YOUR COMMENT
Comments Not Available
 
POST YOUR COMMENT
 
 
TRENDING TOPICS
 
 
CITY NEWS
MORE CITIES
 
 
 
MORE WORLD NEWS
US pulls all Air Force bombers from UK's...
FBI arrests California realtor for alleg...
Taiwan raises alarm over 453 citizens mi...
Significant untapped potential in India-...
EAM Jaishankar highlights Indias global...
Finnish envoy praises Capt Machchhars r...
More...
 
INDIA WORLD ASIA
ASI Sukhchain Singh named his sister-in-...
Ayodhya: Seers slam Congress leader Digv...
'SIR not for deleting certain votes': BJ...
KC Venugopal summons Harish Rawat to Del...
Bihar Police SI aspirants march to CM re...
Delhi HC stays trial court order framing...
More...    
 
 Top Stories
India-Australia cultural ties to be... 
"Every citizen of country is proud ... 
Triptii Dimri on Diwali nostalgia, ... 
RBI likely to hold repo rate in Oct... 
"Modified Form 6 not approved by us... 
TechD Cybersecurity Wins Record Rs.... 
Pakistan’s food system fails to del... 
‘We Love You 3000…’: Russo Brothers...