Chief Justice Asif Saeed Khan Khosa dismissed the petition 'based on merit' and expressed frustration at the reaction from the extremist minority.
The new measure will help Pakistan meet requirements set by the Financial Action Task Force (FATF) in order to curb the illicit flow of money to terrorists and criminals.
Asif Saeed Khan Khosa, the newly-minted Chief Justice of the Supreme Court, said 'I will do right to all manner of people, according to law, without fear or favour'.
The body is denouncing clerics who pronounce fatwas that favour suicide attacks or falsely label individuals as non-Muslims.
Pakistan officials are investigating whether the Iranian suspects were linked with Iranian intelligence, an official from the Federal Investigation Agency said.
The Sindh Police has set up a dedicated force to control the threat of targeted killings of law enforcement officials and of political and religious figures in Karachi.
Peshawar Superintendent of Police Tahir Khan Dawar was kidnapped from Islamabad October 26. His body was later found in Afghanistan.
The Khyber Pakhtunkhwa Police engaged youth representatives from the province In an interactive session with police officers to encourage them to play a role in stopping crime.
A police force of 45,000 personnel will be raised in the now former tribal agencies to man 95 police stations, 130 posts and 13 police lines, according to the police.
Millions of dollars have mysteriously departed the country after launderers flooded poor residents' bank accounts with cash and then emptied them.