Righteous Economy

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Transcript Righteous Economy

‫بسم هللا الرحمن الرحيم‬
Presentation on
The products of Islamic culture
BY :Fuad riaz Khan
201205264
Instructor: Dr. Hajredin Hoxha –Qatar University 2013
Construction of the:
Righteous
society
Righteous
Family
Righteous
Human
Righteous
economy
Righteous
Humanity
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© Fuad Riaz khan(2013)
The Aim of Islam
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Righteous Society
The aim of Islam at the establishment of a good society , just as
it aims at nurturing a good soul (individual) and a good family,
and both are, no doubt, the solid foundation of the society in
question.
The Principle Values:
•Brotherhood and Fraternity
•Prohibition of the repugnant
•Respect of good deeds
•Congregation upon faith
•And struggle in the cause of the
Allah in defense of right.
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© Mohammed Hoque (2013)
Righteous economy
Outline
Overview
of Islamic
Economy
Foundation
of Islamic
Economy
Primary
Goals of
Islamic
Economy
References
& Further
Reading
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Establishment of Islamic Economy
 “and establish prayer and give zakah and loan Allah a
goodly loan.” Quran, 73:20
 Quran, Surah Al Baqarah, 2:262-282 describes the
Islamic rulings for buying/ selling and all forms of
exchanges
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Zakatable items
 Zakatable items include – livestock,
gold, silver, currency, jewelry,
commercial assets, agriculture,
honey, animal products, mining,
fishing, rented buildings, plants,
fixed capital, salaries, wages,
professional incomes, bonds, stocks,
shares
 In general, growing assets are
zakatable
 There are exceptions to specific
jewelry used by women such as
pearls and other precious stones.
Detailed information can be found in
books of Fiqh.
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Categories of Zakat Recipients as Mentioned in the
Quran
“Zakah expenditures are
only for the poor and for the
needy and for those
employed to collect [zakah]
and for bringing hearts
together [for Islam] and for
freeing captives [or slaves]
and for those in debt and for
the cause of Allah and for
the [stranded] traveler - an
obligation [imposed] by
Allah . And Allah is Knowing
and Wise.” Quran, 9:60
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Distributing Zakat
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Encouraging People to Work
 “The upper hand is better than the lower hand (i.e. he
who gives in charity is better than him who takes it).”
Sahih Bukhari
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Prohibitions & Permitted
Haram
Riba (Interest)
Hoarding
Deceit
Trading in haram
things
• Extravagance
•
•
•
•
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Halal
• Honest business
activities
• Profit gained through
business
• All kinds of jobs (that
are not explicitly
forbidden)
• Trading permissible
goods
• Earning profit without
cheating
• Moderate in spending
Benefits of Islamic Economy
 Transparent transactions between buyer and seller – prevents
cheating and distortions
 Interest-free (free from Riba) commodities are less expensive
 Seller should highlight any deficiency in the products that he is
selling – avoid conflicts and amiable environment and mutual trust
amongst people
 Barakah in dealings and lives
 Free from haram
 Strengthen economy amongst Muslim countries
 Practicing zakat globally will reduce poverty and significant
improve the lives of many people
 All dealings are rewarded by Allah
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Righteous Humanity
The Call For Prosperity
Of Humanity
•It is the undoubted fact that Allah is the owner, the lord and the
organizer of this universe.
•Man is a creature of Allah with a role to play in this universe.
•Islam stress that man cannot be truly spiritual without being
human…
The world mankind itself: is repeated 63 times throughout the
book, and “people” repeated two hundred forty 240 times in the
surah revealed both in Mecca and Medina.
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Liberating Man From the
Worship of Man
We should worship only God . non of the others . nor human
neither objects.
“Should I seek a judge other than God ,
while God is the one Who has revealed to you the book (
Quran), wee expounded “ (al-an’am : 114)
1) Prayers are an aid for man in the difficulties of his life. “O
you who believe! Seek help through patience and prayer”
2) Fasting is, as well, a way of strengthening man’s will to be
patient in times of troubles.
It also allows him to sympathize with those in pain so
that he may be more compassionate to them
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© Mohammed Hoque (2013)
Righteous human
All religions basically exhort humankind to be righteous and eschew
evil. But Islam goes beyond that. It guides us towards practical
ways of achieving righteousness and eliminating evil from our
individual and collective lives
Righteous human is the foundation of the righteous family. If and
only one is righteous human then he can build a righteous family
otherwise it is impossible
To Islam, such a righteous human being is the foundation of a
righteous family, of a righteous society, of a righteous nation and of
a righteous mankind
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 Human being of Islam, similarly, is the human being of
devotion and worship. He knows that the universe around him
has been created for him, but in turn he himself was created
for the servitude of Allah alone.
 The Muslim — besides being a being of faith and belief, and
devotion and worship — is a being of an upright character and
noble deeds. He embodies purity with all its denotations, and
exemplifies virtues of justice, mercy and altruism
 Islam teaches that good character and noble attitude are the
requisites of the belief and exigencies of faith
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Righteous family
 Righteous family is the foundation of the righteous society.
 The quality of social life that a community has depends on the
kind of families that constitute the society. If the members of
the families are righteous, then the society will be also
righteous.
 It is based on a detailed and rigid set of rules about
interpersonal relationship.
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© Mohammed Hoque (2013)
 Islamic family appears better designed to stand up to
contemporary and western pressures and influences
 Righteous husband and wife, children in the family learn the
values of love and compassion of sacrifice for others, of
tolerance, mercy and kindness and other virtuous deeds.
 The institution of marriage and the family have been
commended as the Sunnah.
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Thank You
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