islamic-development

The Impotance of Understanding Maqasid Shari’ah in Economic Development

This paper presents the importance of understanding Maqasid Shari‘ah in a country’s economic development. To develop the economy of a country, the government should take into account the aspects of state property acquisition, investment, and expense management which are in line with the requirements of Shari‘ah. Furthermore, prevention of bribery, breach of trust, fraud, gambling, hacking, and all kinds of crimes and vices which are prohibited by Islam is also very important and counted as a part of the implementation of Maqasid Shari‘ah to advance the national economy, together with the existence of various Islamic financial instruments.

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maqasid and economic develpment of a country 2016.docx290716draft

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