Thursday, January 11, 2018 12:19:19 PM
Economic Teachings of the Holy Quran

The Quran provides a series of values, guidelines and rules which serve as the basis for developing an appropriate economic system.

By (Sayed Mohamad Baqir al-Sadr)

The many positive values discussed in the Quran include; justice, honesty, moderation and kindness to the disadvantaged while as injustice, greed, extravagance, miserliness and hoarding are termed as negative values. The Quran permits trade and identifies some prohibited economic practices such as Usury, Misappropriation and gambling. There are more than two hundred verses in the Quran which in one way or another concern economics; including zakat, permissible and prohibited goods, wealth, ownership of property, trade, credit and debt, fraud, associations and contracts etc. There are five areas of economic behavior which are prominently mentioned in the Quran, these include; Justice and social responsibility, acquisition of wealth, distribution of wealth, the protection of the disadvantaged and regulation of transactions through contracts.

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