Sangsad Bhaban, June 28 -- e-Islami lawmaker Md Mujibur Rahman on Sunday called for replacing Bangladesh's interest-based financial system with a Zakat-based economy, arguing that the proposed national budget failed to reflect Islamic economic principles.

Participating in the general discussion on the proposed 2026-27 fiscal year budget in Parliament, the Rajshahi-1 MP said the government should establish a separate ministry for Zakat and introduce a Shariah-based mechanism for collecting and distributing Zakat.

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He criticised the budget for what he described as its omission of key Islamic economic concepts, claiming the words "Zakat" and "wastefulness" were not been adequ...