Khartoum: The Public Prosecution issued a statement on Sunday regarding usurious transactions via banking applications, stating that it had recently observed the spread of the phenomenon of transferring money from banking applications to cash for amounts less than their original value.
According to Sudan News Agency, the Public Prosecution pointed out that this practice violates the provisions of Islamic Sharia law, as it constitutes usurious transactions. The Public Prosecution warned all citizens and customers against engaging in such illegal activities, stressing that it will take all legal measures against anyone caught engaging in such behavior.
The Public Prosecution emphasized the violation of Islamic principles by referencing a verse from Al-Baqarah, highlighting the religious implications of these transactions. Additionally, it noted that such practices contravene Article 6 of the Anti-Illicit and Suspicious Enrichment Law of 1989. The agency reiterated the importance of maintaining the stability of the financial system and protecting citizens’ rights by discouraging participation in these activities.