Colonization of the world economy in the light of Testaments and the ideology of Muhammad (P.B.U.H)

  • Muhammad Mash'hood Ahmed University of Karachi
Keywords: Globalization, Testaments, religious-centric approach, economy.

Abstract

The purpose of this treatise is the study of globalization in pertinence with trade and Commerce, its roots and linkage with different countries in the modern age, and the critical observations, assessments and analysis made on it, in the light of testaments and the ideology of Holy Prophet Muhammad (Peace be upon him), relevant philosophies, moreover, this write up meant to bring into in the lime light and discussions how the thought and approach of the societies and the communities that had religious-centric approach for seeking solutions to their social & economical problems, was completely altered or at least impaired to a substantial degree. Modernization transformed the whole world, meanings of distances and relations were changed, and lifestyles of common peoples were given new shapes, business or working timings, as well as currencies were given totally different outfits, priorities and preferences got new specifications, and dimensions, subsequently new codes of customs and behaviors were devised. In the wake of modernization world witnessed a rampant revolution. The shift in priorities and preferences from religiouscentric to materialism, as well as acquisitiveness affected the overall moral, ethical and principled values, resultantly, inter-human relations and the social world was dressed with new kind of attires. This paper will be an attempt for helping us reaching and comprehending the vision and mindset, instrumental in selling the “slogan of globalization” and its impacts, cap-a-pie, on the society around the world in economic and religious respects before and after its application.

Author Biography

Muhammad Mash'hood Ahmed, University of Karachi

Ph.D Research Scholar, Department of Commerce

Published
2019-12-10
How to Cite
Ahmed, M. M. (2019). Colonization of the world economy in the light of Testaments and the ideology of Muhammad (P.B.U.H). Rahat-Ul-Quloob, 3(2(2), 31-42. https://doi.org/10.51411/rahat.3.2(2).2019.226
Section
Articles