RESEARCH OF SOCIAL SCIENCES (SMC-PRIVATE) LIMITED(ROSS) & PAKISTAN SOCIAL SCIENCES REVIEW (PSSR) adheres to Creative Commons Attribution-Non Commercial 4.0 International License. The authors submitting and publishing in PSSR agree to the copyright policy under creative common license 4.0 (Attribution-Non Commercial 4.0 International license). Under this license, the authors published in PSSR retain the copyright including publishing rights of their scholarly work and agree to let others remix, tweak, and build upon their work non-commercially. All other authors using the content of PSSR are required to cite author(s) and publisher in their work. Therefore, RESEARCH OF SOCIAL SCIENCES (SMC-PRIVATE) LIMITED(ROSS) & PAKISTAN SOCIAL SCIENCES REVIEW (PSSR) follow an Open Access Policy for copyright and licensing.
How to Cite
Application of Islamic Laws through Judiciary in Pakistan: A Case Study of Riba
Abstract
This study investigates that how the process of Islamization of laws shifted to judiciary and elucidates challenges being faced by the government in application of Shariah law with special emphasis on the eradication of Riba from economic activities. This legal research has been conducted in light of qualitative and deductive research methodology wherein constitutional amendments, legal instruments and case laws have been critically investigated. This paper has been divided into five segments: in first segment, an overview and development of the legal and judicial mechanism has been given. In second segment, Islamization and judicial activism in Pakistan has been discussed. In third segment, permissible financing instruments have been discussed. In forth stage, Islamization of laws through judiciary has been examined. In fifth segment, the article has been concluded which is coupled with findings to translate and materialize the existing financial system with the proposed Islamic financial system
Authors
Dr. Bakht Munir
Lecturer, Institute of Languages and Linguistics, New Campus, University of the Punjab, Lahore, Punjab, Pakistan
Ali Nawaz Khan
Assistant Professor, University Law College, University of the Punjab, Lahore, Punjab, Pakistan
Zaheer Iqbal Cheema
Assistant Professor, University Law College, University of the Punjab, Lahore, Punjab, Pakistan
Keywords
Interest Related Transactions, Islamization of Laws, Judicial Response, Riba
