Pakistanis to Get Interest-Free Hajj Savings Scheme for Pilgrims
Prime Minister Shehbaz Sharif has approved a Shariah-compliant, interest-free Hajj savings plan to support Pakistani pilgrims prepare financially for the annual pilgrimage.
Prime Minister Shehbaz Sharif has approved a Shariah-compliant, interest-free Hajj savings plan to support Pakistani pilgrims prepare financially for the annual pilgrimage.
Article outline
- What happened
- Official response
- The bottom line
Key points
- The proposal was jointly submitted by the Ministry of Religious Affairs and Interfaith Harmony, the Ministry of Finance, and the Central Directorate of National Savings.
- A session was held at the Ministry of Religious Affairs on Friday to discuss the initiative.
- The three institutions will work together to introduce the plan, allowing individuals intending to perform Haj to set aside capital regularly to cover pilgrimage expenses.
- Details regarding the application process, eligibility requirements, savings period, digital services, and other features will be unveiled afterwards, according to an official.
- Obtain the latest business news, market insights, and economic updates wherever you prefer.
In practice, the proposal was jointly submitted by the Ministry of Religious Affairs and Interfaith Harmony, the Ministry of Finance, and the Central Directorate of National Savings. Punjab's Apni Chhat Apna Ghar Program Receives UN-Habitat Scroll of Honour.
Meanwhile, the three institutions will work together to introduce the plan, allowing individuals intending to perform Haj to set aside capital regularly to cover pilgrimage expenses.
Notably, a session was held at the Ministry of Religious Affairs on Friday to discuss the initiative. Federal Secretary Abrar Ahmed Mirza chaired the session. It was attended by office-holders from the Ministry of Finance, the Central Directorate of National Savings, and the Haj Wing.
Details regarding the application process, eligibility requirements, savings period, digital services, and other features will be unveiled afterwards, according to an official. Stay Connected with ProPakistani.
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Taken together, the developments around pakistanis to Get Interest-Free Hajj Savings Scheme for Pilgrims point to a situation that is still moving, and the coming days should bring more clarity.
