‘Withholding tax on withdrawing money from banks is against Islamic principles and amounts to injustice’


Islamabad: The Council of Islamic Ideology (CII) has declared the withholding tax on cash withdrawals to be un-Islamic.
A meeting of the Council was held under the chairmanship of Raghib Naeemi, during which various matters were discussed, followed by the issuance of an official statement.
In the statement, the Council said that the government-imposed withholding tax on withdrawing money from banks is against Islamic principles and amounts to injustice.
Regarding the storage of human breast milk, the Council stated that specialized institutions for storage may be established under specific conditions, but emphasized that legislation is necessary beforehand to avoid potential issues. The Council also recommended that it should be involved in the legislative process concerning human milk.
The Council opposed amendments proposed in the Qisas and Diyat law, particularly rejecting a bill suggesting changes to the legally defined values of Diyat. The Council insisted that the Shariah-based standards for Diyat, which include gold, silver, and camels, should remain part of the law. The bill in question proposes removing silver and replacing it with a non-Shariah-compliant gold value, which the Council rejected.
Additionally, the Council addressed the use of insulin for diabetic patients, stating that halal-based insulin is available and should be preferred. Therefore, the use of insulin containing porcine (pig-derived) ingredients should be avoided where halal alternatives are accessible.

Punjab govt's important decision regarding toll plazas for public convenience
- a day ago

Fourth day of 1st Test: South Africa's batting continues in second innings
- 2 hours ago

Gen-Z overthrows govt in Madagascar, president flee, parliament dissolves
- 3 hours ago

Can America recover from Trump? Here’s what new data says.
- 20 hours ago

Indian arrogance, provocative statements can lead to serious consequences for peace: Pakistan Army
- 22 minutes ago

Staff-level agreement with IMF, Pakistan to get $1.2bn
- 2 hours ago

Abhishek Bachchan first time wins Best Actor Filmfare Award in 25-year career
- 21 hours ago

Once a club on the rise, Liverpool in desperate need of a spark under Gareth Taylor
- 19 hours ago

Google to invest $15bn in India
- 21 hours ago

Senior PPP leader Agha Siraj Durrani passes away
- 33 minutes ago

Donald Trump announces to start second phase of Gaza peace deal
- 3 hours ago

Azad Kashmir Information Minister Mazhar Saeed resigns
- 21 hours ago