Will Taliban replicate Pakistan’s Islamic banking experience? ...palestine

When the Taliban took Kabul earlier this month, spokesman Zabiullah Mujahid claimed life would return to normalcy as banks were going to open from Wednesday, August 18. Over a week down the line, Afghanistan’s banks and money markets have still not opened and Afghans, both ordinary citizens and traders, continue to face a liquidity crisis. A likely explanation: The Taliban wants monetary affairs to be governed by the Sharia laws, but Afghan’s traditional banking model is not compliant with Sharia. jwplayer("jwp-outstream-unit").setup({}); Evidently, in the coming weeks and months, the Taliban would be revamping the country’s banking system, tax laws, and

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