By Muhammad Rizwan-ul-Haque Founding Chairman, Dawood Family Takaful | CEO of an Investment Bank | Director of a Trust Originally published: May 8, 2019 Introduction The Constitution of the Islamic Republic of Pakistan clearly states that no law may be enacted if it is repugnant to the Quran and Sunnah. In light of this constitutional mandate, it becomes essential to reflect on whether Pakistan has truly operated in the right direction during the past four to five decades, pa

By Muhammad Rizwan-ul Haque Founding Chairman, Dawood Family Takaful | CEO of an Investment Bank | Director of a Trust Originally published: August 21, 2015 Introduction Ijma is an Arabic term that refers to consensus or collective agreement. Within Islamic jurisprudence, it broadly signifies the consensus of the earliest generations of Muslims, particularly the first three generations, or, in a wider sense, the agreement of qualified jurists and scholars across the Muslim w

By Muhammad Rizwan-ul Haque Founding Chairman, Dawood Family Takaful | CEO of an Investment Bank | Director of a Trust Originally published: June 29, 2015 Introduction The central objective behind Allah SWT’s message on Riba is the eradication of exploitation and the establishment of balance and equilibrium within society. Islam does not merely prohibit Riba in isolation; rather, it presents a comprehensive framework aimed at ensuring justice, fairness, and socioeconomic har

By Muhammad Rizwan-ul-Haque Founding Chairman, Dawood Family Takaful | CEO of an Investment Bank | Director of a Trust Originally published: June 24, 2015 What Is Islam? A recently converted acquaintance was once asked by his friends, “What is Islam?” His response was simple yet profound: “Islam is simplicity, but with discipline.” This statement captures the essence of Islam—clear guidance rooted in wisdom, where every command of Allah SWT carries purpose, foresight, and lon

Based on research by Muhammad Rizwan-ul-Haque Founding Chairman, Dawood Family Takaful | CEO of an Investment Bank | Director of a Trust Original research dated: June 16, 2015 The content, analysis, Quranic references, and conclusions presented here are derived from his research and writings. Full credit for the intellectual work belongs to the author. 🔗 Original Source / Reference: https://www.linkedin.com/pulse/why-has-allah-swt-conveyed-message-riba-severe-tone-haque/ In

This article is based entirely on the original research and scholarly work of: Muhammad Rizwan-ul-Haque - Founding Chairman, Dawood Family Takaful, CEO of an Investment Bank and Director of a Trust The content, analysis, Quranic references, and conclusions presented here are derived from his research and writings. Full credit for the intellectual work belongs to the author. 🔗 Original Source / Reference:https://www.linkedin.com/pulse/mention-riba-interest-usury-religion-abra

Based on research by Muhammad Rizwan-ul-Haque Founding Chairman, Dawood Family Takaful | CEO of an Investment Bank | Director of a Trust Original research dated: July 10, 2018 Introduction In any society, a parliament is entrusted by the people to formulate laws that protect life, property, and basic rights. The common person places hope in legislation, believing it will ensure justice, provide socioeconomic relief, and shield society from corruption. Yet, more often than not

Based on research by Muhammad Rizwan-ul Haque Founding Chairman, Dawood Family Takaful | CEO of an Investment Bank | Director of a Trust Original research dated: January 15, 2018 Introduction The Qur’an provides not only spiritual guidance but also a comprehensive framework for building just and balanced societies . Two pivotal verses from Surah An-Nisa (4:58–59) lay down foundational principles for governance, accountability, and justice. These verses explain how societies

The concept of Riba , commonly understood as interest or usury, is not unique to Islam. Long before modern banking systems emerged, Judaism, Christianity, and Islam all addressed the ethical implications of charging interest. Examining how these three Abrahamic faiths approached Riba reveals a shared moral concern for justice, fairness, and protection of the vulnerable, despite differences in interpretation and application over time. Riba / Usury in Christianity Historical B

In global capital markets, sukuk (Islamic bonds) and conventional bonds are both fixed-income instruments—but their underlying...