Tag Archives: Businesses weigh options after court decision on Riba-free banking

ISLAMABAD: As religious segments welcomed the decision of the Federal Shariat Court (FSC) to implement an interest (Riba)-free banking system by December 2027, business and trade stakeholders on Thursday appeared cautious in their optimism. Taking to Twitter, Finance Minister Miftah Ismail tweeted: “We welcome the Federal Shariat Court (FSC) decision in the Riba case. The government and SBP will carefully …

ISLAMABAD: As religious segments welcomed the decision of the Federal Shariat Court (FSC) to implement an interest (Riba)-free banking system by December 2027, business and trade stakeholders on Thursday appeared cautious in their optimism. Taking to Twitter, Finance Minister Miftah Ismail tweeted: “We welcome the Federal Shariat Court (FSC) decision in the Riba case. The government and SBP will carefully …