68pc Pakistanis believe that interest charged by banks is haram
A majority of Pakistani believes that banks interest are illegitimate and unlawful in the religion of Islam as per survey conducted by Gallup Pakistan. The results shouldn't come as a surprise to most of us, and points to one of the major issues why Pakistanis generally shy away from banking products.
According to Gallup Pakistan, this is how the survey was formulated and presented:
'A nationally representative sample of men and women from across the four provinces was asked, "Some people are of the opinion that the interest charged in banks is not haram while others are of the opinion that bank interests are haram.
In your opinion is the interest charged in banks haram or not?" In response, 68% said that it is haram while 21% said that it is not haram and 11% did not respond,'Gallup-poll.
The study was released by Gilani Research Foundation (who also did the field work for the poll) and carried out by Gallup Pakistan, the Pakistani affiliate of Gallup International.
The recent survey was carried out among a sample of 1826 men and women in rural and urban areas of all four provinces of the country, during December 21 - December 28, 2015. The error margin is estimated to be approximately ± 2-3 per cent at 95% confidence level.