The expression "Hablullah" (the Rope of Allah) in verse 103 of Surah Al Imran is considered one of the key concepts of the Holy Quran and a fundamental basis for the realization of Islamic unity. However, determining the specific referent (*Misdaq*) of this concept is a subject of disagreement among the exegetes of both Islamic denominations (Shiite and Sunni). Aiming to elucidate and compare the exegetical viewpoints of Shiites and Sunnis, the present study employs a descriptive-analytical method. Based on the content analysis of narrations and exegetical statements, it examines the reports related to the referents of "Hablullah" in two prominent exegeses (*Tafsirs*): *Al-Mizan* and *Al-Durr Al-Manthur*.

The findings indicate that Allameh Tabatabai—by utilizing the context of verses 101 and 102 of Al Imran and verse 7 of Surah Al-Hashr, and by referring to the inseparable bond between the Quran and the *Itrah* (Ahl al-Bayt) in light of the *Mutawatir* Hadith al-Thaqalayn—considers "the Quran and the Ahl al-Bayt (AS)" as the perfect referent of "Hablullah". In contrast, Al-Suyuti in *Al-Durr Al-Manthur*, adopting a predominantly transmission-based approach without delving deeply into the critique of chains of transmission (*Sanad*) and signification (*Dalalah*), recounts a spectrum of referents for "Hablullah," among which "the Quran" and "the congregation" (*Jama'ah*) appear most frequently.

The final analysis of the research, relying on the syntactic and semantic contextual clues of the verse and the critical evaluation of the hadiths concerning the "congregation" referent, suggests that the interpretation based on