Zia's Islamization of Economy
Within the framework of Islamization of economy, the National Investment Trust and the Investment Corporation of Pakistan were asked to operate on equity basis instead of interest as of July 1, 1979. Interest-free counters were opened at all the 7,000 branches of the nationalized commercial banks on January 1, 1980.
Read more about this topic: Zia-ul-Haq's Islamization
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“Everyone is always in favour of general economy and particular expenditure.”
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