The Nexus of Political Instability and Economic Uncertainty in Islamic Republic of Pakistan: A Way Forward

Abstract

The ongoing political instability and economic uncertainty in Pakistan have raised significant concerns regarding the nation's future trajectory. This paper explores the intricate nexus between political turmoil and economic challenges, analyzing how they mutually reinforce each other to hinder progress and stability. Drawing on Islamic principles of governance, justice, and economic management, this study proposes an Islamic framework as a potential solution to Pakistan’s crises. The Islamic perspective emphasizes principles such as Shura (consultation), Adl (justice), and Maslahah (public welfare), which can offer a balanced approach to governance and economic reform. By incorporating these values into the political and economic systems, Pakistan can create a more stable and equitable environment conducive to growth and development.

This research outlines practical strategies grounded in Islamic teachings, focusing on establishing trust in leadership, promoting social justice, and ensuring equitable distribution of resources. Additionally, the role of ethical leadership and accountability is highlighted as a means to restore public confidence and attract investment, fostering economic resilience. The paper concludes by suggesting that a shift toward an Islamic framework can provide a holistic and sustainable path for addressing Pakistan’s political and economic challenges, paving the way for long-term stability and prosperity.