Pakistan Government and Parliament Committed to Making all Laws in Conformity with Islam: Attorney General

Khalid Jawed Khan, Attorney General of Pakistan, told the Federal Shariat Court (FSC) that the Government and parliament are completely committed to ensuring that all legislations are consistent with and brought in compliance with Islamic injunctions as detailed in the Holy Quran and Sunnah.

Why it Matters?

According to Khan, legislative and executive measures have enabled a strong interest-free banking sector in Pakistan, effectively providing services to its citizens. As of December 2020, Islamic banking accounted for roughly 17% of the country's overall banking system in terms of assets, while it accounted for approximately 18.3% in terms of deposits. Currently, 22 Islamic banking institutions – 5 full-fledged Islamic banks and 17 conventional...