Monday, December 23, 2024

KEEPING YOU INFORMED. GLOBALLY AND LOCALLY ..!!

 

Nothing more for Qadianis except to accept their constitutional status, says SC

The Supreme Court of Pakistan (SC) correcting its earlier verdict has ordered the Qadiani community to accept their constitutionally outlined status in Pakistan. The Council of Islamic Ideology of Pakistan calls this detailed order of the apex court in accordance with the Constitution of Pakistan and beliefs of the Muslims.

It is important to note that earlier the top court in its verdict was reported to have allowed the said religious minority for preaching their beliefs with their doors. It attracted a severe public criticism and later on some appeals were filed against this judgment. It was on August 22 when a three-member bench of the SC headed by Justice Qazi Faez Isa comprising Justice Aminuddin Khan and Justice Naeem Akhtar Afghan issued a brief order hearing the miscellaneous applications, seeking correction in the court’s previous order.

The court hearing a review petition now has amended its order. Importantly, the federal and Punjab governments were also the parties to the review petitions. Now the court in its corrected 10 page detailed verdict said, “Within the parameters of the Constitution, their rights can be determined and protected.”

Hailing the verdict, the Council of Islamic Ideology (CII) Chairman Dr. Muhammad Raghib Hussain Naeemi issued a statement which described the order as a true reflection of the sentiments of Muslims. It is important to note that the court not only retracted its earlier ruling but also supported its detailed order with Quranic verses and sayings (Hadith) of the Holy Prophet (PBUH). The verdict, authored in Urdu by Mr. Justice Isa, emphasized that belief in the finality of Prophet Hood is central and core order of Islam observing that every Muslim must regard the Holy Prophet (PBUH) as the last Messenger of Allah (God).

Section 260 (3) of the Constitution of the Islamic Republic of Pakistan defines a Muslim as “Someone with complete and unconditional faith in the Finality of Prophethood. No alternative interpretation or justification is acceptable in this regard.” The court observed, “Just as it is mandatory for a law-abiding citizen of any state to accept their country’s constitution in letter and spirit since constitutions are the mother of all laws it is also mandatory for Qadianis to accept their status as defined in the Constitution of the Islamic Republic.”

“The Anti-Qadiani Ordinance is an established and enforceable law in Pakistan, the court said. The court clarifying its previous ruling said that now has been replaced by this corrected decision and this must be taken as final and conclusive verdict in the said case.

The prominent religious scholars who assisted the court in this case include JUI chief Maulana Fazalur Rehman, Mufti Taqi Usmani, Allama Jawad Naqvi, Mufti Haneef Qureshi, Dr. Atta Ur Rehman and Mufti Muneeb Ur Rehman. The CJP during the hearing remarked that they were not infallible and that if they had made a mistake, it should be corrected.

It is equally important to note that Qadianis were declared non-Muslims under the second constitutional amendment passed by the Parliament of Pakistan. Under the Pakistan Penal Code – sections 295 and 298-C – Qadianis were prohibited from adopting a semblance to Islamic virtues, and that this was upheld by a five-member bench of the Supreme Court in 1993 as well.

Pakistan seeks additional $1b from IMF for climate resilience fund

Finance minister Aurangzeb says Pakistan is a very good candidate for funding facility from IMF Resilience and Sustainability Trust. Pakistan is also engaged with Middle Eastern banks regarding commercial loans.

WASHINGTON – Pakistan has formally requested for $1 billion fund from the International Monetary Fund (IMF) facility that helps low and middle income countries mitigate climate risk.

“We have formally requested to be considered for this facility,” Pakistan’s Finance Minister Muhammad Aurangzeb said in an interview with an international media on the sidelines of the IMF/World Bank autumn meetings in Washington.

This is to be noted here that the IMF Executive Board last month had the 37-month Extended Fund Facility totalling $7 billion. It also authorised the immediate release of the first loan tranche of less than $1.1 billion. It is the 25th IMF programme that Pakistan has obtained since 1958 and the 6th EFF. Now Pakistan requested for further funding available via the IMF Resilience and Sustainability Trust (RST).

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The RST, created in 2022, provides long-term concessional cash for climate-related spending, such as adaptation and transitioning to cleaner energy.

“We think we are a very good candidate to be considered for a facility like this,” Aurangzeb said, adding that they aim to conclude the request in the coming months.

Pakistan is also in talks with the Asian Infrastructure Investment Bank for a credit enhancement for a planned Panda bond, Aurangzeb said. It is targeting an initial issuance of $200-250 million by the end of June.

A Panda bond would be Pakistan’s first foray into China’s capital markets. Aurangzeb said they were talking to a few other institutions in addition to the AIIB for a credit enhancement.

Credit enhancements provide some level of guarantee for bonds, which can boost their rating, attract more investors and thus cut the government’s borrowing costs.