The Arab world is forcing Pakistan to pay its debts.

Malaysia is forcing Pakistani airlines to pay their dues.

The IMF is unlikely to pay more money to Pakistan and even China has started to seek loan guarantees.

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Pakistan has exhausted all of its options.

Its economy is struggling and Islamabad is in dire need of money.

And Prime Minister Imran Khan had a brilliant idea and “is considering” mortgaging a park in Islamabad to get a loan of around PKR 500 billion or $ 3 billion.

He plans to secure $ 3 billion by offering a park as security.

For the uninitiated, Fatima Jinnah Park is based in the heart of Islamabad and is named after Muhammad Ali Jinnah’s younger sister.

It is the largest amusement park of its kind in the Pakistani capital and spans 759 acres of land.

According to Dawn News, the proposal to mortgage this park was on the agenda of the Pakistani federal cabinet conference to be held on Thursday.

Pak’s government confirmed this and recently released a clarification justifying its plan under Sharia law.

“Sukuk are Sharia-compliant debt instruments backed by physical assets ….. and are structured to pay returns on investment in the form of rent …. instead of interest using a underlying asset “, was the clarification released by the administration.

Simply put, the Pakistani government is trying to say that the mortgage or “sukuk” is Shariah compliant.

Why was this necessary?

Recently, Saudi Arabia asked Pakistan to repay a $ 3 billion soft loan.

Qamar army chief Javed Bajwa was sent to Riyadh, but the sheikh did not budge.

As Pakistan struggles to pay the installments, reports have revealed that the UAE may also seek early repayment of a $ 3 billion financial backing plan.

At the same time, China is seeking loan guarantees from Pakistan.

Beijing wants Islamabad to make sure it pays its Chinese debts first.

He wants the pak government now to put in place a guarantee mechanism for all loans.

The IMF asks Pakistan to change its policy if it wants more loans.

In addition, Malaysia recently seized a plane from Pakistan International Airlines (PIA) due to non-payment of dues …

The Malaysian government made the airline pay the long-overdue $ 7 million.

Malaysia is the country Imran Khan called Pakistan’s friend.

Pakistani lawmakers are outraged and think that today was a plane, tomorrow it could be the prime minister himself.