Economic Concepts of Ibn Taimiyah: A Comprehensive Guide to Islamic Economics

In the realm of economic thought, the contributions of Ibn Taimiyah stand out as a beacon of innovation and intellectual rigor. As a renowned Islamic scholar and theologian, Ibn Taimiyah delved deeply into the principles of economics, offering groundbreaking insights that have shaped the development of Islamic economics for centuries.

Economic Concepts of Ibn Taimiyah (Islamic Economics Book 12)

by Abdul Azim Islahi

5 out of 5

Language	:	English
File size	:	1118 KB
Text-to-Speech	:	Enabled
Screen Reader	:	Supported
Enhanced typesetting	:	Enabled
Print length	:	314 pages

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This comprehensive book, "Economic Concepts of Ibn Taimiyah," is your gateway to understanding the intricate tapestry of Islamic economics. Through meticulous research and analysis, we unravel the profound ideas of Ibn Taimiyah, exploring his perspectives on wealth, property, trade, and taxation. Whether you're a seasoned economist, a student of Islamic studies, or simply seeking a deeper understanding of Islamic economic thought, this book is your indispensable guide.

Chapter 1: The Concept of Wealth in Islamic Economics

Ibn Taimiyah's seminal work on wealth provides a unique lens through which we can view the economic landscape. In this chapter, we delve into his definition of wealth, its sources, and its permissible forms of acquisition. We examine how Ibn Taimiyah viewed wealth not merely as material possessions but as a tool for fulfilling one's religious and social obligations.

Chapter 2: The Right to Private Property in Islam

The concept of private property is a cornerstone of economic systems. Ibn Taimiyah's writings shed light on the Islamic perspective on property rights. We explore the legal basis for private ownership, its limitations, and the responsibilities that come with owning property. This chapter provides a comprehensive understanding of how Islam balances individual rights with the collective good.

Chapter 3: Trade and Commerce in Islamic Economics

Trade plays a vital role in economic growth and development. Ibn Taimiyah recognized the importance of trade and commerce and provided guidelines for ethical and equitable business practices. This chapter examines his views on permissible forms of trade, the prohibition of usury, and the importance of fair competition. We also delve into Ibn Taimiyah's perspectives on international trade and the role of merchants in society.

Chapter 4: Taxation and Fiscal Policy in Islam

Taxation is an essential tool for governments to fund public services and promote economic development. Ibn Taimiyah's ideas on taxation are rooted in the principles of justice and fairness. This chapter explores the different types of taxes permissible in Islam, the criteria for their imposition, and the ethical considerations that should guide tax policy. We also examine Ibn Taimiyah's views on the role of government spending and the distribution of wealth.

Chapter 5: The Role of the State in the Economy

The extent to which the state should intervene in the economy is a subject of ongoing debate. Ibn Taimiyah's writings offer valuable insights into the appropriate role of the state in economic affairs. This chapter examines his views on the regulation of markets, the provision of public goods, and the protection of the poor and vulnerable. We explore how Ibn Taimiyah's ideas can inform contemporary debates about the role of government in the economy.

Chapter 6: Islamic Finance and Economic Development

Islamic finance has emerged as a growing industry in recent years. Ibn Taimiyah's economic concepts provide a solid foundation for the development of ethical and sustainable financial systems. This chapter examines the principles of Islamic finance, such as the prohibition of interest, the emphasis on risk-sharing, and the promotion of social justice. We explore how Islamic finance can contribute to economic development and financial inclusion.

Ibn Taimiyah's economic concepts offer a profound and multifaceted understanding of Islamic economics. His ideas have influenced generations of scholars and continue to shape the development of economic thought in the Muslim world and beyond. This comprehensive book provides a roadmap for exploring the intricacies of Ibn Taimiyah's economic theories, enabling you to gain a deeper appreciation of the Islamic approach to economic life.

Whether you're a researcher, a student, or a general reader, "Economic Concepts of Ibn Taimiyah" is your essential guide to understanding the economic thought of one of the greatest minds in Islamic history.

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Economic Concepts of Ibn Taimiyah (Islamic Economics Book 12)

by Abdul Azim Islahi

5 out of 5

Language	:	English
File size	:	1118 KB
Text-to-Speech	:	Enabled
Screen Reader	:	Supported
Enhanced typesetting	:	Enabled
Print length	:	314 pages

FREE