Description
Islam Aur Jadeed Maeeshat-o-Tijarat (اسلام اور جدید معیشت و تجارت) by Mufti Muhammad Taqi Usmani explores modern economics and commerce alongside the principles of Islamic economic thought.
In the introductory note, the author explains the importance of understanding contemporary economic systems and commercial practices when studying their rulings in Islamic jurisprudence. The book helps readers become familiar with economic concepts and terminology before considering the related religious questions.
Its opening discussions address the definition and purpose of economics, followed by fundamental questions faced by economic systems: how priorities are determined, how resources are allocated, how income is distributed and how economic development takes place.
The book also examines capitalism and its underlying principles, including private ownership, the profit motive and laissez-faire, or limited government interference in business. These discussions provide a foundation for understanding the relationship between economic systems, commercial activity and Islamic guidance.
Topics shown in the contents page include:
- The definition of economics and the need to study it.
- Fundamental economic problems.
- Determination of priorities.
- Allocation of resources.
- Distribution of income.
- Economic development.
- The capitalist economic system.
- Private ownership.
- The profit motive.
- Laissez-faire and government involvement in commerce.
Written in Urdu, the book is suitable for students of Fiqh and Islamic studies, teachers, researchers and readers interested in Islamic economics. It offers a starting point for studying modern economic ideas in the context of Islamic commercial jurisprudence.
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