When interest-Free Banking was introduced in Pakistan first time.
Explanation
Explanation
1st Jan 1981 interest-Free Banking was introduced in Pakistan first time. From July 1, 1985, all commercial banking in Pak Rupees was made interest-free. In 1985 the President of Pakistan Mohammad Zia-ul-Haq introduced an interest-free banking system in Pakistan Meezan Bank is i nterest-free in Pakistan .
