Islamic Economics Project is making a humble effort to collect the views of Shari’ah scholars, regulators, practitioners, lawyers and academic experts to deliberate on the future course of action and generate ideas and debate on how to make this transformation possible. We got the chance to get reaction and response from Prof. Tariqullah Khan. we got the chance to get reaction and response from Prof. Tariqullah Khan, who is also the recipient of Islamic Development Bank Laureate Award for his work in Islamic economics and circular economy in 2022. We hope that the views expressed and shared with relevant audience and stakeholders will generate practicable ideas and keep the momentum towards achieving the end goal of an economy that is in compliance with Shari’ah and is able to utilize the instruments and institutions in the Islamic economic teachings.