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  KARACHI:The Council of Islamic Ideology (CII) on Friday called for the early distribution of Zakat 鈥?the obligatory annual charity in Islam 鈥?to support those with low income and most vulnerable to an imminent economic slowdown due to the novel coronavirus pandemic.The CII, a constitutionally established religious advisory body for parliament, urged the rich to give their zakat, which accounts for 2.5% of the total yearly savings in the form of cash, gold or silver, earlier than usual.Zakat is  adidas originals traditionally given in the Islamic lunar month of Ramazan which will begin this year in the last week of April. In view of the present situation, it is better to distribute zakat earlier than usual,  the CII said in a statement.The call coincided with one more death from the novel coro womens af1 na air max 2 virus on Friday, raising the total number in the country to three.PM rules out nationwide lockdown  to unveil package to offset virus-induced economic slowdownPakistan is at risk of facing a major economic crunch  Noim PML-N turning to  policy of realpolitik
 KARACHI:The rupee weakened against the dollar at Rs133.25/133.75 in the inter-bank market on Tuesday compared with Monday s close of Rs124.1/124.3. The slump came a day after the government decided to knock at the International Monetary Fund s (IMF) door to avoid default on impo nike air max95 rt payments and debt repayme air max 720 nts. This was the fifth round of massive depreciation of the Pakistani currency since December 2017 to tame aggressive demand for dollars in a faltering economy. Cumulatively, the rupee has dropped by 26.67% in the last 10 months. The State Bank of Pakistan has maintaine air max 98 d that the slide in the rupee s value is due to supply and demand dynamics of foreign exchange in the inter-bank market.Published in The Express Tribune, October 10th, 2018.Like聽Business on Facebook, follow @TribuneBiz聽on Twitter to stay informed and join in the conversation.