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Pakistan Finance Minister resolves to abolish interest-based banking

Pakistan Finance Minister resolves to abolish interest-based banking  

30 Nov, 2022  

Karachi, Nov 30 (IANS) Pakistan's Finance Minister Ishaq Dar on Wednesday reiterated his resolve to abolish interest-based banking in the country, as he contended that 'usury' (practice of lending money at unreasonably high rates of interest) is strictly prohibited in Shariah, media reports said.