Islamabad: Western banking system based on interest, greed and deceit cannot assist humanity, a former military general said Wednesday.
Interest-based banks have brought more miseries to humanity than calamities, plagues and wars, said Maj-Gen (Retd) Zaheer-ul-Islam Abbasi.
Fair distribution of wealth in possible only when all the local and international banks operating in Pakistan are transformed into [...]
Posts Tagged ‘Muslim Countries’
Not a single Islamic bank collapsed during financial turmoil: Dr. Mughal
Iranian Ambassador calls on Railway Minister
Islamabad: H.E. Mr. Masha Allah Shakeri, the Ambassador of Islamic Republic of Iran called on Federal Minister for Railways, Ghulam Ahmad Bilour here.
Matters of mutual and common interests in the backdrop of upgradation and strengthening the rail service between Pakistan and Iran came under discussion. It was agreed that mutual exchange of Railways expertise, training [...]
Syed Hamid Saeed Kazmi meets Jordanian Ambassador
Islamabad: Federal Minister for Religious Affairs, Syed Hamid Saeed Kazmi met Ambassador of Hashemite Kingdom of Jordan, Dr. Saleh Al-Jawarneh at the Embassy of Jordan here and discussed with him matters of mutual interests and Pak-Jordan relations.
Talking to the Ambassador of Jordan, Dr. Saleh Al-Jawarneh, Syed. Hamid Saeed Kazmi said that Pakistan and Jordan, two [...]
Centralized monitoring system of Zakat very soon – Noorul Haq Qadri
Islamabad: Federal Minister for Zakat & Ushr, Noorul Haq Qadri, has said that a centralized monitoring system will be evolved for equitable and transparent disbursement of Zakat among the needy and deserving people throughout the country very soon.
In a statement issued here today, the Federal Minister said that the system of Zakat has been initiated [...]

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