اسلامی معاشی پالیسی کے اصول اور سرگرمیاں

Principles and Activities of Islamic Economic Policy

  • Dr Aziz ur Rehman Saifee University of Karachi
  • Dr Muhammad Mash'hood Ahmad University of Karachi
Keywords: Economic Policy, Income Distribution, Islamic thoughts, Seerah.

Abstract

Islamic    economics (Arabic: الاقتصاد الإسلامي‎‎), is a term used to refer to Islamic commercial jurisprudence or fiqh al-mu'āmalāt (Arabic: فقه المعاملات‎‎), and also to an ideology of economics based on the teachings of Islam that takes a middle ground between the systems of  Marxism and capitalism. As a complete way of life, Islam has provided guidelines and rules for every sphere of life and society.  Naturally, a functioning economic system is vital for a healthy society, as the consumption of goods and services, and the facilitation of this by a common medium of exchange, play a major role in allowing people to realize their material and other goals in life. Islam has set some standards, based on justice and practicality, for such economic systems to be established.  These standards aim to prevent the enmity that often occurs between different socioeconomic sections. Islamic economic principles are based on Qur’an, Sunnah, Ijma (the consensus of religious scholars), and Qiyas (personal opinions based on analogy and religious doctrines). Islam provides specific instructions on the Property Rights, Income Distribution, Zakat, Ushr or tithe, Kharaj and Inheritance. This article explains about the Principles and Activities according to Islamic thoughts and Seerah.

Author Biographies

Dr Aziz ur Rehman Saifee, University of Karachi

Assistant Professor, Department of Arbic

Dr Muhammad Mash'hood Ahmad, University of Karachi

Research Scholar, Department of Commerce

Published
2020-07-27
Section
Articles