Zakat On Islamic Naya Pakistan Certificate (INPC)
Correct. The discussion shared above by Umar sahab is regarding general government saving schemes which are primarily based on loan transactions. The Naya Pakistan scheme as described at the Meezan Bank link that you shared above is structured differently. Instead of a loan transaction, it is based on Mudarabah (partnership) with a predetermined schedule of profit sharing. From the information provided at the link there is nothing objectionable in this scheme from the Sharia perspective.