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Homepage Blog Business IIC Declares Withholding Tax as Un-Islamic Move
Business

IIC Declares Withholding Tax as Un-Islamic Move

By
Ali
Last updated: September 24, 2025
1 Min Read
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The Islamic Ideology Council (IIC) has declared withholding tax on bank withdrawals un-Islamic, labeling it an oppressive burden on the public.

Chairman Allama Dr. Raghib Naeemi emphasized that the levy contradicts Shariah principles and called on the government to reconsider its imposition immediately.

The council also opposed proposed amendments to the Diyat law, stressing that Shariah-mandated amounts of gold, silver, and camels must remain intact in the legislation.

IIC criticized the removal of silver and the adoption of un-Islamic gold quantities, stating that such changes undermine the law’s religious validity and social justice.

Read More: Banking, Energy Stocks Fuel PSX Rally Despite Global Losses

On healthcare, the council approved the use of insulin with halal ingredients for diabetic patients, urging avoidance of insulin containing pig-derived components.

The IIC recommended establishing human milk banks under strict regulations and insisted on legislative inclusion to prevent misuse and ensure compliance with Islamic guidelines.

The council stressed that Quranic copies used for witnessing purposes must be properly cleansed after use, and recommended appropriate legislation to safeguard religious practices.

TAGGED:#IslamicLaw #TaxationDebate #PakistanIIC
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