Islam is the complete code of Life. It gives comprehensive economic system to the world Islam provides a best walfare social system in which basic need of life like home, food and cloth provided by Islamic government and Islamic Economic system. Wealth can't be stayed at once or some people who wants to become rich, Islamic Economic vision introduced a distributive mechanism that promote equal access and the equal opportunity for all citizen we can say that all individuals in the economy have equal opportunity to take part in economic activities to fulfil their basic needs.
Economic growth is a phenomenon that is interlinked to a number of factors and a good financial system has a direct correlation with it. The present study deliberately focuses on growth of economic system by implementation of Islamic principles in special perspective of Pakistan. First, the principles of maqāsid al sharī’ah are discussed in this article and then their implementation for socio-economic growth is measured taking into account the review of efforts of Pakistan in distribution of wealth, elimination of ribā and Islamization of banking and finance system. This study finds that the reforms implemented in economic sector under Islamic principles through enforcing maqāsid al sharī’ah has shown considerable growth and development. This is a theoretical research with the help of few quantitative methods.