Riba-free financial system

Pakistani bank launches nationwide outreach drive to promote Riba-free financial system

In 2022, a Pakistani court ask government to eliminate Riba, or interest, and align the banking system with Islamic principles
The country’s Islamic banking assets had for the first time reached $40.7 billion by the end of March 2025, the central bank said

By Ismail Dilawar · 21 November 2025