Islamabad, March 28, 2022 (PPI-OT):The full bench of Federal Shariat Court, comprising of Honourable Chief Justice Muhammad Noor Meskanzai, Honourable Justice Dr. Syed Muhammad Anwer and Honourable Justice Khadim Hussain M. Shaikh, continued hearing of Riba Case in the bench registry of Federal Shariat Court at Karachi on 25th and 26th March 2022.

Mr. Ahmed ‘Ali from Meezan Bank appeared before the Court and gave a detailed presentation on Islamic banking system and replacement of conventional banking with the Islamic Banking System. Maulana Isamtullah as amicus curiae advanced his arguments on banking interest. Mufti Ihsan Waqar, Chairman, Shariah Advisory Board of National Bank of Pakistan filed his written submissions about Riba and Islamic Banking system.

Learned Additional Advocate General, Sindh appeared before the court and submitted his opinion on Riba. The matter was subsequently adjourned and will now be heard on 4th April 2022 at the principal seat of the Federal Shariat Court at Islamabad.

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