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ISLAMIC BOND: Dar seeks guidance from clerics

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ISLAMABAD: Finance Minister Ishaq Dar has sought guidance from Ulema and Islamic intellectuals in launching additional Islamic Sukuk bonds.
The finance minister sought the guidance of Ulema and intellectuals while chairing the first steering committee meeting on the implementation of the Federal Shariat Court’s judgment on Riba, on Friday.
Inaugurating the first meeting of the Steering Committee, Dar appreciated the governor State Bank of Pakistan (SBP) for his sincere efforts in making a roadmap for the implementation of Islamic financing and interest-free system and hoped that the guidance of governor SBP will lead the implementation of interest-free system to its logical destination.
He also expressed satisfaction with the SBP and the NBP for withdrawing appeals in the Supreme Court against the judgment of the Federal Shariat Court and paving the way for its implementation.

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