Sood Ki Haramat - Dr Israr Ahmad

Dr. Israr Ahmad discusses the Islamic prohibition of interest (riba) and its implications for national and international financial dealings. He argues that Pakistan, bound by Sharia law and Supreme Court rulings against interest, cannot fulfill loan agreements that require it. He cites a precedent where the US, through a Senator’s amendment, unilaterally altered a bilateral agreement for F-16 aircraft, refusing to deliver them despite payment. Dr. Ahmad emphasizes that Islamic principles prioritize relief for those in financial hardship and that Pakistan is morally and legally obligated to adhere to these principles, even if it means facing difficulties in international transactions. He highlights the injustice of demanding interest payments when the nation is striving to follow its religious and legal framework.

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