The teachings of Islam lead to a peaceful life and help resolve all the social and economic issues thus people should follow in the footsteps of Holy Prophet Hazrat Muhammad (SAWW), said Mufti Muhammad Taqqi Usmani, a former judge of the Federal Shariat Court.

He was delivering a lecture during a seminar conducted by the Faculty of Islamic Learning, Islamia University of Bahawalpur in connection with the Eid Miladun Nabi (PBUH).

Titled 'Salient features of the Islamic Economy under the Perspective of Seeratun Nabi (PBUH)', the seminar was presided over by Secretary General of Wafaqul Madaras Al-Arabia Pakistan Qari Muhammad Hanif Jalandhry.

Mr Usmani was of the view that the current unrest was only due to injustice as the Muslims had forgotten the real message of life.

"We have to review our materialistic approach and convert it into the right direction for productive results. Being social animals, we have the ability to make our life and the whole set-up of life well disciplined.

So we should get guidance from Holy Quran and the Sunnah of Holy Prophet (PBUH) who proved to be highly successful in every field through devoted, sincere, selfless, fair and honest dealing as the last messenger, human being and trader," he said.

The retired judge said, "We could establish our economy on sound footings if we start bringing our lives and the present system into conformity with the teachings of Islam. Islamic economic system is the best of all the prevailing economic systems as it teaches us to have complete faith in Allah Almighty. The system ensures public welfare which is the basis for provision of justice, progress and prosperity."

On the occasion, Qari Muhammad Hanif Jalandhry remarked that Islam is complete code conduct and provides us the best guidelines for every field of life including ideology, worship, trade, business, economy, and social and religious affairs. He said that Islam had fully banned interest (riba) and introduced Zakat and Usher besides charity system to protect the rights of the poor.

IUB Vice-Chancellor Dr Muhammad Mukhtar in his welcome address highlighted the IUB's efforts for the promotion of teachings of Islam. He said that the Islamic Excellence Centre of the university had been performing remarkably in this regard.

"We are translating the Islamic literature in different languages to spread the teachings of Islam all over the world. We also seek guidance from religious scholars such as Dr Muhammad Hammeedullah Khan, Dr Mehmood Ahmed Ghazi and Dr Syed Suleman Nadvi to make our task easy and successful," he said.