The global Muslim community and the world of ethical finance are mourning the loss of Dr. M. Yaqub Mirza — a visionary whose life bridged physics, institution-building, Islamic finance, and transformative philanthropy.
His passing marks the end of an era for those who witnessed how quietly, steadily, and effectively he reshaped the landscape of Muslim empowerment in the West, Iqra.ca reported.
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With a PhD in Physics, Dr. Mirza possessed a rare mind—one capable of navigating scientific complexity, financial innovation, and the deep spiritual responsibility of serving his community.
He was a builder in the truest sense, dedicating decades to strengthening institutions that would nurture Islamic scholarship, ethical investment, and public understanding for generations to come.
The magnitude of his loss was reflected in heartfelt tributes from global leaders. Malaysian Prime Minister Anwar Ibrahim described Dr. Mirza with profound affection and admiration:
“I am deeply saddened by the passing of Dr Yaqub Mirza. He was a long-time figure in the world of Islamic scholarship, finance and institution-building, and a true and dear friend of the family who dreamed mighty things for the Muslim world.
He was a man of few words, someone who preferred to build quietly rather than talk about what he was building.”
Anwar Ibrahim recounted how Dr. Mirza’s discipline and humility defined his work—from supporting scholars at the International Institute of Islamic Thought to founding the Center for Islam in the Contemporary World at Shenandoah University.
“His passing is a huge personal loss to me and my family,” he wrote, “and an even greater loss to those across continents who benefited from his integrity, his counsel, and his example.”
A Lifetime of Service
The Islamic Society of North America (ISNA) honoured Dr. Mirza with a comprehensive tribute, reflecting the depth of his leadership:
“We are deeply saddened by the passing of Dr. Yaqub Mirza. On behalf of ISNA, we extend our heartfelt condolences to his family and friends.
Dr. Yaqub Mirza was a devoted and compassionate leader whose contributions greatly enriched the Muslim community in America.”
ISNA highlighted his leadership roles across key institutions—including the Center for Islam in the Contemporary World, Sterling Management Group, NAIT, Amana Mutual Funds, ISTAC, and the Muslim Philanthropy Initiative—culminating in his Lifetime Achievement Award at the ISNA Annual Convention.
A Pioneer of Ethical Finance
Dr. Mirza’s groundbreaking work in Islamic finance helped shape the modern ethical investment landscape in North America. As co-founder of the Amana Mutual Funds in 1984, he offered American Muslims a way to invest faithfully and responsibly—an achievement that set the standard for generations.
Imam Mohamed Magid reflected on the universal value of Dr. Mirza’s book, Five Pillars of Prosperity:
“Five Pillars of Prosperity is an excellent resource for people of all faiths… leading to a more fulfilling and prosperous life spiritually and financially.”
A Legacy That Endures
Dr. Mirza’s legacy also lives on through institutions of higher learning, where he invested deeply in the future of Islamic scholarship. Ann Ardis, Dean at George Mason University, praised the impact of his generosity:
“This transformative gift represents the ideals of what a philanthropic partnership can accomplish…”
Dr. Yaqub Mirza’s life was proof that faith and ethical business are not opposing paths—they strengthen one another.
His institutions, his writing, his mentorship, and his unwavering commitment to community upliftment will continue shaping lives for decades to come.
He passed away peacefully on December 3, 2025, just days before his 79th birthday. He is survived by his wife, Dr. Tanveer Mirza, his children Fatima, Younus, Asma, and Sana Mirza, as well as a daughter-in-law, two sons-in-law, and five granddaughters.