Could Shah Waliullah’s Welfare State Work for Pakistan Today? Ft. Mufti Abdul Khaliq Azad Raipuri

In this thought-provoking episode, we are joined by the esteemed Mufti Abdul Khaliq Azad Raipuri, Director General of the Rahimia Institute of Quranic Sciences.
Together, we dive deep into a comparison between Islam’s economic system and capitalism. We explore whether Shah Waliullah’s vision of a welfare state could work for Pakistan today, the relevance of Islamic ideology in the modern world, and the challenges of integrating Islamic financial principles into Pakistan’s current system.
Mufti Abdul Khaliq also addresses the misconceptions about Islamic banking, the role of a bank in an Islamic economy, and the broader ideological and identity issues faced by Pakistanis today.
Join us as we discuss how an Islamic-based justice system might offer solutions to Pakistan’s ongoing challenges and how it compares to Western economic models.

#islamicsystem #economy #howdoesitwork

00:00 Highlights
01:40 Can an Islamic justice system save Pakistan?
08:35 System vs. Public: Is Pakistan’s system flawed?
12:30 Socialism vs. Marxism
14:50 Relevance of Islamic ideology in today’s world
23:00 Industrial Revolution vs. Shah Waliullah’s ideology
30:25 Examples of Islamic systems in the modern world
35:30 Issues with the global banking system
42:15 fatwa on Islamic banking profit misconceptions in Pakistan
48:09 Identity Crisis: Are Pakistanis Turks, Arabs, or Indians?

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