Federal Shariat Court

Pakistan's roadmap to eliminate riba (interest) from its financial system by 2028 outlines a gradual transition, incorporating the Federal Shariat Court's ruling via the 26th Constitutional Amendment. The plan allows foreign banks to operate hybrid conventional-Islamic models while addressing structural weaknesses in Islamic finance, such as sukuk issuance and asset management.

The Pakistani government plans to transition to a Riba-free financial system by Dec 31, 2027, with all new loans Shariah-compliant from Jan 1, 2028. Existing conventional loans will continue until maturity, and foreign-owned banks may offer both Islamic and conventional products. The strategy aligns with a 2022 court ruling and a 2024 constitutional amendment.

Psychiatrists challenge a court ruling that declared decriminalizing suicide attempts repugnant to Islamic law, arguing no Quranic, Sunnah, or jurisprudential mandate exists for criminal punishment. They assert criminalizing suicide attempts discourages medical assistance and fails to align with Islamic legal principles distinguishing religious culpability from worldly penalties.