Islamic economics in Pakistan

The economic policies proposed under the banner of "Islamisation" in Pakistan include executive decrees on Zakāt (poor-due), Ushr (tithe), judicial changes that helped to halt land redistribution to the poor, and perhaps most importantly, elimination of riba (defined by activists as interest charged on loans and securities). Perhaps the foremost exponent of Islamisation among Pakistan's rulers—General Muhammad Zia-ul-Haq—advanced a programme in 1978 to bring (according to Zia and his supporters) Pakistan law in line with the principles of Sharia law.

Source: Wikipedia — Islamic economics in Pakistan (CC BY-SA 4.0)

Islamic economics in Pakistan

The economic policies proposed under the banner of "Islamisation" in Pakistan include executive decrees on Zakāt (poor-due), Ushr (tithe), judicial changes that helped to halt land redistribution to the poor, and perhaps most importantly, elimination of riba (defined by activists as interest charged on loans and securities). Perhaps the foremost exponent of Islamisation among Pakistan's rulers—General Muhammad Zia-ul-Haq—advanced a programme in 1978 to bring (according to Zia and his supporters) Pakistan law in line with the principles of Sharia law.

Source: Wikipedia "Islamic economics in Pakistan" · CC BY-SA 4.0

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