Pakistan, April 14 -- It is with profound sorrow that we announce the passing of Prof. Dr. Khurshid Ahmad, recipient of the Nishan-e-Imtiaz, Founding Chairperson of ILM Trust and the University of Management and Technology (UMT).

A distinguished Pakistani economist, scholar, visionary, and an enduring source of wisdom, Prof. Ahmad departed this world on April 13, 2025, at the age of 93 in Leicester, UK.

His demise signifies the end of an era in Islamic scholarship and socio-economic thought.

Prof. Ahmad was renowned for his pioneering work in Islamic economics, for which he received the Islamic Development Bank Award in 1988. He was also honored with the prestigious King Faisal International Prize for Service to Islam in 1990. He found...