{"id":10281,"date":"2025-05-14T16:33:04","date_gmt":"2025-05-14T11:33:04","guid":{"rendered":"https:\/\/habib.edu.pk\/HU-news\/?p=10281"},"modified":"2025-05-15T12:00:19","modified_gmt":"2025-05-15T07:00:19","slug":"ilm-barakah-reviving-the-islamic-ethic-of-enduring-giving","status":"publish","type":"post","link":"https:\/\/habib.edu.pk\/HU-news\/ilm-barakah-reviving-the-islamic-ethic-of-enduring-giving\/","title":{"rendered":"Ilm &#038; Barakah: Reviving the Islamic Ethic of Enduring Giving"},"content":{"rendered":"<h2><strong>Partnering for a Purposeful Future<\/strong><\/h2>\n<p>As Pakistan\u2019s landscape of higher education evolves, Habib University continues to lead with a mission rooted in equity and excellence. Central to this mission is a growing network of industry partners\u2014organizations and individuals who recognize that supporting higher education is a vital expression of corporate and social responsibility. From leading banks to tech firms and philanthropic foundations, Habib University\u2019s expanding <em>Mohsineen<\/em> community is shifting the paradigm of corporate partnerships: from short-term charity to long-term investment in human potential and institutional development. In this spirit, Habib University and Faysal Bank co-hosted a landmark Ramzan gathering that reconnected modern philanthropy with its deep Islamic roots.<\/p>\n<h2><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-10304\" src=\"https:\/\/habib.edu.pk\/HU-news\/wp-content\/uploads\/2025\/05\/In-article-1-1.jpg\" alt=\"\" width=\"702\" height=\"360\" srcset=\"https:\/\/habib.edu.pk\/HU-news\/wp-content\/uploads\/2025\/05\/In-article-1-1.jpg 702w, https:\/\/habib.edu.pk\/HU-news\/wp-content\/uploads\/2025\/05\/In-article-1-1-620x318.jpg 620w, https:\/\/habib.edu.pk\/HU-news\/wp-content\/uploads\/2025\/05\/In-article-1-1-300x154.jpg 300w, https:\/\/habib.edu.pk\/HU-news\/wp-content\/uploads\/2025\/05\/In-article-1-1-351x180.jpg 351w\" sizes=\"auto, (max-width: 702px) 100vw, 702px\" \/><\/h2>\n<h2><strong>Reclaiming the Legacy of Islamic Philanthropy<\/strong><\/h2>\n<p>On March 12th, during the sacred month of Ramzan, Habib University and Faysal Bank came together to host <em>Ilm &amp; Barakah<\/em>\u2014an evening of reflection, purpose, and shared responsibility. More than an Iftar, the event represented a return to the Islamic ethic of giving rooted not only in charity, but in the construction of enduring institutions that serve society for generations.<\/p>\n<p>The evening brought together leaders from across Pakistan\u2019s corporate and business sectors, united by a collective vision: that access to quality higher education is not a privilege, but a communal obligation. The event revived the spirit of <em>zakat<\/em> and <em>waqf<\/em>\u2014two foundational pillars of Islamic giving that historically powered the intellectual and civic flourishing of Muslim societies.<\/p>\n<p>From Al-Qarawiyyin to Al-Azhar, the Muslim world built some of the world\u2019s earliest universities through the institution of <em>waqf<\/em>, ensuring that knowledge was not just preserved but accessible. <em>Ilm &amp; Barakah<\/em> called upon this legacy, inviting today\u2019s leaders to see their contributions as a continuation of this sacred tradition.<\/p>\n<h2><strong>A Shared Responsibility: Leaders Reflect<\/strong><\/h2>\n<p>The gathering opened with remarks by Mr. Raheel Ijaz, Chief Operating Officer of Faysal Bank Ltd., who welcomed guests and spoke to the power of Islamic finance in advancing long-term, ethical causes. He was followed by Mr. Yousaf Hussain, President and CEO of Faysal Bank Ltd., who emphasized that education must become a central pillar of Pakistan\u2019s CSR landscape, particularly for institutions striving to uplift underserved communities.<\/p>\n<p>Mr. Wasif Rizvi, President of Habib University, delivered a powerful message centered on the moral imperative of higher education. He highlighted how HU, through its unmatched scholarship program, is not only expanding access but also building a model of education that blends technical expertise with ethical and humanistic grounding. He urged attendees to reimagine their role\u2014not just as donors, but as founders of a new educational legacy rooted in justice, sustainability, and faith.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-10303\" src=\"https:\/\/habib.edu.pk\/HU-news\/wp-content\/uploads\/2025\/05\/In-article-8.jpg\" alt=\"\" width=\"702\" height=\"360\" srcset=\"https:\/\/habib.edu.pk\/HU-news\/wp-content\/uploads\/2025\/05\/In-article-8.jpg 702w, https:\/\/habib.edu.pk\/HU-news\/wp-content\/uploads\/2025\/05\/In-article-8-620x318.jpg 620w, https:\/\/habib.edu.pk\/HU-news\/wp-content\/uploads\/2025\/05\/In-article-8-300x154.jpg 300w, https:\/\/habib.edu.pk\/HU-news\/wp-content\/uploads\/2025\/05\/In-article-8-351x180.jpg 351w\" sizes=\"auto, (max-width: 702px) 100vw, 702px\" \/><\/p>\n<h2><strong>Sustaining Knowledge Through Faith-Inspired Giving<\/strong><\/h2>\n<p>The significance of hosting the event during Ramzan added spiritual depth. It is a month where giving becomes a daily act of devotion, where <em>zakat<\/em> purifies not only wealth but intent, and where <em>waqf<\/em> extends one\u2019s impact far beyond their lifetime. Within this sacred context, attendees were invited to reflect on their philanthropic roles not merely in terms of charity, but in upholding an Islamic tradition that places knowledge and generosity at the heart of faith.<\/p>\n<p>Through <em>Ilm &amp; Barakah<\/em>, Habib University continues to champion a vision of giving that is rooted in sustainability, faith, and institution-building. The collaboration with Faysal Bank signals a growing momentum\u2014where industry leaders are no longer content with transactional giving but are embracing a deeper, legacy-driven approach to philanthropy.<\/p>\n<p>As the evening closed, one message stood clear: building a more equitable future for higher education in Pakistan will require not only generosity, but the kind of visionary giving that Islamic tradition has long championed\u2014giving that doesn\u2019t just respond to need, but creates enduring opportunities for generations to come.<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Partnering for a Purposeful Future As Pakistan\u2019s landscape of higher education evolves, Habib University continues to lead with a mission rooted in equity and excellence. Central to this mission is a growing network of industry partners\u2014organizations and individuals who recognize that supporting higher education is a vital expression of corporate and social responsibility. From leading<\/p>\n<div class=\"read-more\"><a href=\"https:\/\/habib.edu.pk\/HU-news\/ilm-barakah-reviving-the-islamic-ethic-of-enduring-giving\/\" title=\"Read More\">Read More<\/a><\/div>\n","protected":false},"author":4,"featured_media":10314,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[519],"tags":[],"class_list":{"0":"post-10281","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-reshaping-philanthropy"},"acf":{"home_page_thumbnail":10317,"category_select":"","name_overwrite":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.0 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Ilm &amp; Barakah: Reviving the Islamic Ethic of Enduring Giving<\/title>\n<meta name=\"description\" content=\"Held during Ramzan, Ilm &amp; Barakah brought together business leaders and philanthropists to revive the Islamic tradition of sustainable giving through zakat and waqf, emphasizing the role of enduring institutions in expanding access to higher education in Pakistan.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/habib.edu.pk\/HU-news\/ilm-barakah-reviving-the-islamic-ethic-of-enduring-giving\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Ilm &amp; 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