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Sunday, Feb 5 2012  
   
Headlines: Senate told Seven airports shut in country,     ISB: The Senate was informed Friday that seven airports in different cities have been closed due to suspension of PIA flights.     The PIA suspended the flights due to a daily loss of Rs19 million during last year.     Suprem Court orders arrest of Gilani’s ex-PRO,     ISB: SC has asked the FIA to arrest former media coordinator of the prime minister, Khurram Rasool.     Present him in the court on 24th January otherwise action would be taken against the Agency.     Khurram Rasool is accused of corruption of Rs530 million.     Musharraf denies delay in return,     LONDON/KARACHI: Former military ruler & chief of (APML) Pervez Musharraf has rejected reports about suspension of programme to return home.     he would be back in Pakistan according to the scheduled programme.     SBP injects Rs 242.5bn in market,     Trade thru dry port fetches Rs1bn tax,     India SC rejects army chief’s plea,     100 more engines by year-end: Bilour,
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High 8315.12
Low 8214.13
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Volume 67,056,769
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Previous Index 11960.22
No room for radicalism in Islam: Gilani
   
ISLAMABAD: Prime Minister Syed Yousuf Raza Gilani has said that there is no space for terrorism, militancy or extremism in Islam and those involved in such activities cannot even claim to be Muslims.
Prime Minister Gilani, in his message on the occasion of Eid Milad-un-Nabi (SAWW) being celebrated on Sunday (today), said, “Those, who spread disorder and chaos, cannot even claim to be Muslims as the scourges of terrorism and extremism are incompatible to the essence of Islamic teachings.”
Prime Minister Gilani said today the Muslims around the world including Pakistan are celebrating Eid Milad-un-Nabi (SAWW) with religious zeal.
He said it is a sacred day for the Muslims and the entire humanity. He said the day marks the birth anniversary of the Holy Prophet Hazrat Muhammad (PBUH), who is the last Prophet and the source of guidance to the mankind.
Prime Minister Gilani said, "The Holy Prophet (PBUH) brought with him the Holy Quran and Islam, which would continue to serve as a beacon of light for the human beings till the Day of Judgment."
He said the Holy Quran says: "And, (O Esteemed Messenger,) “We have not sent you but as a mercy for all the worlds."
The Prime Minister said, "On the occasion of Eid Milad-un-Nabi (PBUH), I would like to congratulate the entire Muslim community, including the people of Pakistan living within the country as well as abroad."
Gilani said with the arrival of the Holy Prophet (PBUH), the clouds of infidelity got evaporated and the message of peace, love and equality became eternal.
"He (PBUH) purged the Muslims of darkness of sin and integrated them into a relationship of brotherhood and one nation," said the Prime Minister.
He said the Holy Prophet (PBUH) brought about a social and spiritual revolution in the world and hence changed the course of human history and declared: "The Muslim is the one from whose hands and tongue other Muslims remain safe."
He said the Holy Prophet (PBUH) urged his followers to imbibe the values of love, peace, tolerance and compassion and told the world that Islam is a universal religion of peace, which guarantees human dignity, brotherhood and welfare without any discrimination. The Prime Minister said the Holy Prophet (PBUH) advised the people to demonstrate sympathy, love and affection and be kind to one another in their dealings and interactions.
The way Islam spread across continents within a short span of time was unbelievable that demonstrates the power of persuasion of the Islamic teachings, he added.
Gilani said Islam, a universal religion, guides the humanity to the path of peace, security and welfare.
He said the literal meaning of Islam is peace and total submission to the will of God.
He said the life of the Holy Prophet (PBUH) is a perfect and practical interpretation of the Holy Quran and it is for this reason that Allah Almighty endowed the title of 'Mercy for all the worlds' on the Holy Prophet (PBUH).
The Prime Minister said Islam presents such an excellent code of life as founded on the lofty principles of Sovereignty of Allah Almighty, brotherhood, equality and respect for humanity.
"Islam is firmly opposed to nepotism, sectarianism, oppression and coercion and fully rejects exploitation of every kind," he added.
The Prime Minister said Islam does not allow anyone to spread violence and strife on the face of earth and forbids people to kill others.
He said the essence of Islamic teachings is that a man should respect other human beings irrespective of any discrimination of caste, cellar, creed or race.
Gilani said Allah Almighty says in the Holy Quran: "Whoever killed a person (unjustly), except as a punishment for murder or for (spreading) disorder in the land, it would be as if he killed all the people (of society); and whoever (saved him from unjust murder and) made him survive, it would be as if he saved the lives of all the people (of society, i.e., he rescued the collective system of human life)."
The Prime Minister said, "We can make the world a hub of peace by acting upon the teachings of Islam."
He said since Islam preaches peace and love, therefore, those, who enter its fold, become the embodiment of the same.
Prime Minister said there is a dire need to resort to splendid traditions and teachings of Islam in the contemporary world to make it respond to emerging challenges in a proactive manner.
He said the entire life of the Holy Prophet (Peace Be Upon Him) is a beacon of light and worthy of emulation by man of every age.
Gilani said the personality of Hazrat Muhammad (PBUH) was characterized by such attributes as sympathy for others, generosity, bravery, mercifulness and hospitality.
He said even his worst enemies testified to these attributes of the Holy Prophet (PBUH). Public welfare, peace and security, mutual brotherhood, moderation and tolerance are the salient features of the blessed life of the Prophet (PBUH).
The Prime Minister said, "Let us pledge to act upon the Sunnah of the Holy Prophet (PBUH) and prove to the world that the Muslims are the torch-bearers of peace in the world. Let us vow to spread his message in a world, which is torn apart by strife and violence."  -APP
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Indicators
Economic Indicators
IndicatorsValues
Forex Reserves (27-Jan-11)$16.87bn
Inflation CPI% (Jul 11 - Dec 11)10.87%
Exports (Jul 11 - Dec 11)$11.24bn
Imports (Jul 11 - Dec 11)$22.71bn
Trade Balance (Jul 11 - Dec 11)($11.48)bn
Current A/C (Jul 11 - Dec 11)($2.15)bn
Remittances (Jul 11 - Dec 11)$6.33bn
Foreign Investment (Jul 11 - Dec 11)$388mn
Revenue (Jul 11 - Dec 11)Rs 841bn
Foreign Debt (Sep-11)$61.83bn
Domestic Debt (Jul 11 - Dec 11)Rs 7051bn
Repatriated Profit (Jul 11 - Dec 11)$514mn
LSM Growth (Oct 11)4.68%
GDP Growth FY12E3.60%
Per Capita Income FY11$1,254
Population178.60mn
Money Market Update
T-Bills (3 Mths)11.5992% 25-Jan-2012
T-Bills (6 Mths)11.6273% 25-Jan-2012
T-Bills (12 Mths)11.7265% 25-Jan-2012
Discount Rate12% 08-Oct-2011
Kibor (1 Mth)12.02% 03-Feb-2012
Kibor (3 Mths)11.79% 03-Feb-2012
Kibor (6 Mths)11.83% 03-Feb-2012
Kibor (9 Mths)12.12% 03-Feb-2012
Kibor (1 Yr)12.16% 03-Feb-2012
P.I.B (3 Yrs)12.01% 03-Feb-2012
P.I.B (5 Yrs)12.45% 03-Feb-2012
P.I.B (10 Yrs)12.51% 03-Feb-2012
P.I.B (15 Yrs)13% 03-Feb-2012
P.I.B (20 Yrs)13.1% 03-Feb-2012
P.I.B (30 Yrs)13.15% 03-Feb-2012
Open Market Currency Rates
SymbolsBuy (Rs)Sell (Rs)
Australian $96.0097
Canadian $89.9090.9
Danish Krone16.7017.2
Euro118.20119.4
Hong Kong $11.1011.8
Japanese Yen1.1741.1879
Saudi Riyal24.0024.35
Singapore $71.9073
Swedish Korona13.3513.8
Swiss Franc96.8098.1
U.A.E Dirham24.5224.92
UK Pound142.50144
US $90.4090.8
Inter-Bank Currency Rates
SymbolsBank Buying TT CleanBank Selling TT & OD
Australian $96.3096.51
Canadian $90.1690.36
Danish Krone15.9115.95
Euro118.29118.55
Hong Kong $11.6211.64
Japanese Yen1.1861.1882
Saudi Riyal24.0324.08
Singapore $72.1872.34
Swedish Korona13.3713.4
Swiss Franc98.1498.36
U.A.E Dirham24.5324.58
UK Pound142.43142.75
US $90.3590.5353