LAHORE: A meeting of the leaders of different religious parties, scholars and economic experts held at Mansoora under the chair of Jamaat-i-Islami Emir Sirajul Haq has asked the government to take measures to eliminate the interest-based economy and banking system or get ready to face the 1977-like movement.

It is now the duty of the government to revive economy in line with the Islamic model and according to the decision of the Federal Shariah Court, he said.

The meeting paid tribute to the three-member bench of the Shariah Court to give a historic verdict representing the wishes of the entire nation.

Addressing the press conference after the meeting, Dr Paracha said the government should start working to build the economy on Zakar and Ushr. He said Islam provided a complete model of economy and it was the only way forward to get rid of the foreign loans, poverty and inflation. Riba, he said, is the war against Allah and who could succeed in the war against Allah Almighty.

He said the interest-based capitalist system enslaved humanity and provided benefits to less than one per cent elite. He warned if the government, any bank or individual filed a review petition against the decision, the nation will hold them accountable, ensuring their social boycott.

Published in Dawn, May 11th, 2022