Pakistan should not recognize Israel.
If National Interest was everything, then Muslims of South Asia wouldnt have asked for a separate homeland--- a demand based upon Islamic Ideology. Ideology is one reason. Another reason is that by accepting Israel, we wont really be earning that much advantage. Because Israel would still carry that antipathy toward us Pakistanis, owing to its much stronger, more meaningful and older ties with India. On the other hand, Pakistan would loose much of the cooperation and support among the much more beneficial and friendly Arab and other Muslim countries. Egypt's recognition of Israek was a tactical retreat. You all have read history of the Palestine problem and know very well the circumstances following the 1967-war. Eqypt had much greater interests at stake. We dont have. Egypt's whole Sinai peninsula was under Israeli occupation.

So such a decision would be a fatal blow not only to our ideology but also to our national interests.