Friday 13 December 2013

We will promote Islamic Banking System: Mariam Nawaz

Mariam Nawaz declared the interest on loan is a war against the Allah and his prophet(PBUH). She also mentioned that she is not happy on the procedure of interest but it's the only way to handle the youth loan process.
Mariam Nawaz the chairperson of Prime Minister youth loan favored the Islamic banking policy and agreed on loan will distributed according to Islamic banking system and for that purpose her team started homework.
There are more than 3 million application forms has been distributed among youth in whole Pakistan and Mariam Nawaz also visited different branches of NBP and first woman bank. She listened the different problems of youth and gave the instructions to administration for making it totally transparent.
She further added that government of Pakistan will distribute interest free loans in future and they also want to finish this old interest trend on loans because it is against the Islamic norms and values.

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