Circulation Of Money In The Qur'an.

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Abu Fauzi
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Circulation Of Money In The Qur'an.

Postby Abu Fauzi » 23 Apr 2017, 16:16

As-Salaam alaikum,
In Surat Hashar of the Holy Qur'an, Ayat 7 (59:7), Allah Subhanahu Wa Ta'ala says:--

"Whatever gains Allah turns over to His Messenger from the people of the townships belong to Allah,
the Messenger, Kinsfolk, Orphans, the Needy and the Traveller in need. Thus they would not just
circulate money among those of you who are rich."

This Ayat states a major rule of the Muslim Ummah's economic and social system:-- that money "would not just circulate among those of you who are rich." Although the rule is stated in connection with the gains made in a particular encounter, it goes beyound the immediate event to state fundamental principle for the Islamic social system.

Islamic economic system approves private ownership but makes it subject to this rule.... that excludes the possibility of wealth being circulated only among the rich in society. Islam strictly forbids monopoly and usury, which are the 2 main tools leading to money being circulated purely among the rich.

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