This issue of the Journal of the Islamic Thought & Civilization consists of exclusive contributions of UMT academicians and scholars. It is dedicated to highlight the research output of UMT scholars for the benefit of the society at large and academicians in particular. Maintaining the tradition of the Journal, the authors have contributed articles on a variety of subjects ranging from management of madrassa education to definition of Islamic Tradition, postmodern equipment of research of Arkoun and an analysis of the intertwined roles of faith and reason in contemporary Islam. An effort has also been made in this issue to highlight the importance of ijtihad in Islamic civilization and culture.