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Pakistan moves on interest-free finance plan ahead of 2027 shift
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Pakistan moves on interest-free finance plan ahead of 2027 shift
ISLAMABAD: The federal government has stepped up efforts to transition Pakistan to an interest-free financial system, with the Finance Ministry confirming that work on a post-2027 strategy is now underway. Officials said preparations are being made to have an Islamic financial framework ready by 2027. The rollout will be handled jointly by the government, the State Bank of Pakistan and the SECP. Ministry data shows the financial sector’s assets …
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