View AbstractThe paper attempts at deciphering the purpose and role of education in Islamic world-view. Relating the developments in the field to the modern times has thrown up serious challenges to the survival and development of its brilliant legacy. Modernism developed in the course of post-Renaissance philosophy led the whole civilizational development of man on the basis of positivist philosophy. Development of science and technology, though inherited by the West from the Islamic world, took a different turn and created the so-called scientific temper and man’s insistence on knowing the Truth from the empirical method only. His senses, ratio and reason are sufficient to guide him, not only know the reality but to manage himself and the world to the development of the best after best. Materialism, capitalism, communism, socialism, hedonism, colonialism, neo-colonialism, globalization are some of the fruits of this thinking. Ecological Crisis, Economic Recession, Big gaps between rich and poor, continued existence of conflict spots, wars, terrorism, disinformation campaigns, too should be owned up by the upholders of this civilization. Energy crisis, pollution, loss of meaning, Postmodernism has only added to the frustrations of the modern man. That crisis is overwhelming and no solutions are in sight for the modern man has put up serious challenge and opportunity for the Ummah of Islam to delve deep into their ethos and come up with authentic and moderate solutions to the crisis. The paper shall elaborate some critical measures, which can help the modern man overcome the crisis and lead a life which is fulfilling not only in this world but brings God’s grace, hence salvation in the hereafter. Islamic education shall marshal the spiritual domain of one’s personality to dominate his bestial self with full utilization of his sensory, rational and experiential capabilities. Same has to be the treatment to the society and the humanity in general. Muslim communities have to develop necessary intellectual capabilities to convince the modern man to moderate his worldview. By developing a transcendental world view, Muslims can build up bridges across authentic traditions for developing a universal model of balanced education where man’s self, society, state and globe is relooked from the divine perspectives, a legacy of religions, last of all authentically nurtured and continued by the Islamic Ummah.