Human capital development for Islamic finance:Upgrading knowledge, skills of current banking professionals a paramount concern

Article Type

Article

Description

The Federal Shariat Court’s (FSC) landmark ruling in April 2022, aiming to eradicate interest from Pakistan’s economy by December 2027, marked a significant turning point in the nation’s financial realm.

This decisive judgement unequivocally prohibited Riba, encompassing all forms of banking interest, and initiated a concerted effort to transition the country towards an interest-free economic system by the designated deadline.

Publication Source

The Express Tribune

Publication Date

4-15-2024

Pages

15

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