DISTRIBUTION OF INCOME AND WEALTH IN ISLAMIC ECONOMIC

Abstract

The Islamic system of distribution of wealth is to enable everyone to get what rightfully his. Islam considers that wealth must be allowed to circulate in society as widely as possible, so the distinction between the rich and the poor should be narrowed down as far as is natural and practicable. So, according to the Islamic point of view, not only those who have directly participated in the production of wealth but those to whom Allah has made is obligatory upon others to help are legitimate sharers in wealth. Hence, the poor, helpless, the needy, the paupers and the destitute, they also have a right to wealth. Effective Revision Series: Distribution of Income and Wealth in Islamic Economic is the book which designed to provide knowledge of justice in distribution income and wealth according to Islam. The contents of this book are in accordance with the syllabus of basic Islamic economics courses. This book thus aims to make the learning of distribution of wealth in Islam interesting, easy and applicable to daily life. It presents the contents in simpler way to enlighten students in concept of zakat, waqf and also discussed Islamic distribution of inheritance on faraid, wasiyyah (will) and hibah (gift).