ISLAMABAD: Australian Federation of Islamic Councils (AFIC) has lauded Prime Minister Imran Khan over his initiative of interest-free loans for the poor.
In a statement shared on Twitter, President AFIC Dr Rateb Jneid said with the cost-of-living increasing post the pandemic, this is a great gift to give to families and businesses and it will help strengthen economies.
Rateb Jneid said over 4.5 million families would benefit from the initiative to help set up small businesses. He said the interest-free loans would also help the poor to acquire homes.
“Looking out for the poor and helping the weak and most vulnerable pockets of society is the example set by our Prophet Muhammad (PBUH) and all Prophets that came before him (AS),” he said.
At AFIC, he said, the promotion of interest-free loans was in line with the organisation’s core values. “We hope many other nations support this idea by making similar assistance available to their citizens,” he said.
