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17 December 2025
Author: Asif S Kasbati (FCA, FCMA & LLB)
A. Background (BG), Study matter and Multiplication
1. We also refer to earlier BFQC including 322 of 7.9.25 & 150 of 23.12.22 about Summary of Federal Shariat Court (FSC) Order against Interest, increase with Implementation Deadlines etc. (b) Related Booklet with proper content (Attachment 322.1) - If your have not read the FSC order, please read atleast the summary and share this email to maximum for Sadqa e Jaria for this and below matter and proceed towards Islamization of Ourself Finance and finally Pakistan Economy.
2. This refers to the related Important BFIC / BFQCs in trail, blue, italic and double line (a) BFIC 288 of 18.11.24 about Full Reserve Islamic Banking, Eliminating Interest, Curbing if inflation, Reducing Debts (b) BFQC221 of 2.6.23 about Bringing Standardization of Islamic Financial Contracts
3. We also refer to several Other BFQCs including (a) 176 of 17.12.22 about Increase in Islamic Banking Branches/Offices(b) 152 of 28.6.22 about Petitions against RIBA? and Recommended Actions (c) 81 of 7.4.21 about Strategic Plan for Islamic Banking Industry for the period 2021-2025
B. Updated Commentary
Further to KQU 3687 of 5.12.25, being an important matter, we would inform you about Islamic Banking Bulletin (September, 2025) (Attachment 342.1) consist of 23 pages with an Interesting Content on page 3. If your Goodself has a short time, then atleast have a look at the same.
Islamic Banking Snapshot – September 2025
Islamic Banking Assets – Growth and Market Share
C. Further Details & Services
Should you require any clarification or explanations in respect of the above or otherwise, please feel free to email Mr Amsal at amsal@kasbati.co with CC to info.kasbati@professional-
Best regards for Here & Hereafter
Asif S Kasbati (FCA, FCMA & LLB)
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