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Published on 04 Jan 2012 | over 6 years ago

Perhaps the most important speech delivered by Jinnah (The Quaid e Azam). His last speech on 1st July 1948 on the occasion of the opening ceremony of State Bank of Pakistan. Despite of his failing health The Quaid reached out to the Millat from the core of his heart and gave us an advice that now needs implementation by the Patriots.

"I shall watch with keenness the work of your Research Organization in evolving banking practices compatible with Islamic ideas of social and economic life. The economic system of the West has created almost insoluble problems for humanity and to many of us it appears that only a miracle can save it from disaster that is not facing the world. It has failed to do justice between man and man and to eradicate friction from the international field. On the contrary, it was largely responsible for the two world wars in the last half century. The Western world, in spite of its advantages, of mechanization and industrial efficiency is today in a worse mess than ever before in history. The adoption of Western economic theory and practice will not help us in achieving our goal of creating a happy and contended people. We must work our destiny in our own way and present to the world an economic system based on true Islamic concept of equality of manhood and social justice. We will thereby be fulfilling our mission as Muslims and giving to humanity the message of peace which alone can save it and secure the welfare, happiness and prosperity of mankind."

(1st July 1948)

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