Karachi: The State Bank of Pakistan would issue a special coin on March 31 in the honour of late philanthropist and Chairman of Edhi Foundation Abdul Sattar Edhi.
The federal government had authorized the central bank to issue the commemorative coin worth Rs.50 in the memory of the late humanitarian.
The press release stated that keeping in view the services of Edhi for humanity in general and for Pakistanis in particular the government had decided to issue the coin in its cabinet meeting.
The coins will be available through the exchange counters of all field offices of BSP Banking Services Corporation from March 31, 2017, read the statement.
One side of the coin is engraved with Edhi’s side portrait and inscribed with “era of humanity Abdul Sattar Edhi” on top while his birth and death dates are inscribed on the bottom.
It is a Cupro-Nickel coin having 75 percent cooper and 25 percent nickel. The coin weighs 13.5 grams.
Abdul Sattar Edhi founded Pakistan’s largest welfare organization and world’s largest volunteer ambulance service, Edhi foundation, in 1951 when he himself was penniless. The foundation’s formation was totally based on private donations. The philanthropist passed away at the at the age of 88 in July 2016 at Karachi. He was given guard of honour and 19-gun salute by the Army and his funeral prayer was attended by thousands of people including politicians.