NA committee on Finance meets

ISLAMABAD, Oct 3 (APP):The State Bank of Pakistan (SBP) Thursday apprised the National Assembly’s Standing Committee on Finance about the measures so far taken to promote interest-free and Shariah complaint banking in the country. The committee which met here with Asad Umer in chair, formed a sub-committee for necessary deliberation for suggesting ways to promote interest-free banking in the country. The committee also discussed Islamabad Capital Territory Prohibition Amendment Bill, …

ISLAMABAD, Oct 3 (APP):The State Bank of Pakistan (SBP) Thursday apprised the National Assembly’s Standing Committee on Finance about the measures so far taken to promote interest-free and Shariah complaint banking in the country.

The committee which met here with Asad Umer in chair, formed a sub-committee for necessary deliberation for suggesting ways to promote interest-free banking in the country.

The committee also discussed Islamabad Capital Territory Prohibition Amendment Bill, 2019 and asked the Ministries of Interior and Capital Administration to submit details.

Speaking on the occasion Asad Umer said that the government was determined to take all possible steps to facilitate the business community in the country.

While, discussing another agenda item regarding “The Pakistan Coinage (Amendment) Bill, 2019”, the asked the State Bank of Pakistan and Ministry of Finance to submit report on the subject.

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