KARACHI: Finance Minister Ishaq Dar has said that he is determined to end the usurious system in the country.
Finance Minister Ishaq Dar while addressing the seminar organized regarding abolition of interest said that withdrawing the appeals against interest was among my priorities and welcomed the decision of the Sharia Court regarding the abolition of interest.
He said that the country is determined to eliminate the usury system and support to terrorists can be stopped through the banking system.
Ishaq Dar said that efforts are being made all over the world to connect every individual with the banking system as the banking system has become a necessity of life. Currently, Islamic Bank has deposits of 5 thousand billion.
He said that the Islamic banking system has expanded more than 10 times in a few years and Islamic banking has to be implemented as a successful system.