Since its inception, the Council of Islamic Ideology has been taking economic issues, especially relating to Pakistan into consideration. Islamic teachings demand for economic and social justice and thus Pakistan economy was envisioned by the founders to be free from all sorts of exploitation and injustice. Islamic principles of Riba and Darar have guided Muslim jurists in their dealing with economic issues overtime. Modern economic thought and practice have brought forth new economic institutions like banks and numerous market practices which have to be examined in the light of these principles

As shown in the previous publications of the author much less has been written on Quaid-i-Azam Mohammad Ali Jinnah. The same is true with the years of this study (1921 - 1924). The biographers, both Pakistani and foreign, have not done justice to the great man as the Quaid was. This study comprises of two parts. Part 1 is a research work wherein activities of Quaid-i-Azam are presented in the manner of depicting his contribution in the legal and political field. Part 2 is a collection of 34 rare documents covering Quaid-i-Azam cases, interviews, press statements and public addresses which have not been previously published in any collected or other works

One important responsibility of Oslamic ideology Council under Article 227(1) of the Constitution of the Islamic Republic of Pakistan is that it should make recommendations to the Government to bring the laws in force in the country to accord with the Islamic Injunctions codified in the Quran and Sunnah. Praise be to Allah that the Council has been performing this duty fully well from the day of its inception. Till mow, it has entrusted to the Government drafts of necessary amendments about 351 Federal and 206 Provincial laws

A Panel of Economists and Bankers was appoited by the Council of Islamic Ideology in November, 1977 to assist it in its work related to the remodellling of the economic and financial system of the country in conformity with the Holy Quran and the Sunnah. In accordance with the priorities set by the Council, the Panel devoted itself in the first phase of its work to evolving a framework for introduction of Zakat and Ushr in the country and submitted its Report to the Council in this regard in March, 1978. In the next phase, the Panel directed its attention to the issues and problems involved in eliminating interest from the economy and the mechanics of evolving an alternative system conforming to Sharia that should at the same time be fully capable of meeting the requirements of the contemporary situation

The Report is a product of the combined efforts of the experts in economics and banking and those of the Shari ah. This Report, besides Introduction consists of 5 Chapters with a Summary of Conclusions and Recommendations at the end. In the introductory Chapter, the Report discusses the nature and the nationale of the prohibition of riba in Islam. The first Chapter entitled "Issues, Problems and Strategy" deals exhaustively with practical considerations in applying the profit/loss sharing system, other possible devices for replacing interest and safeguards for the success of the new system. The second Chapter discusses in detail the mechanisms for the elimination of interest from the operations of the commercial banks

The books targets a wide variety of people, particarly academics, diplomats and intelligent laymen

All the Great empires of the Indian sub-continent were forced by geo-strategic compulsion to adopt a proactive policy

The domestic political environment of Pakistan and geopolitical environment off the world as a whole remains highly dynamic

This book contains brief description of a select portfolio of Pakistan`s products