AN ECONOMIC PERSPECTIVE OF THE SOURCES, CAUSES AND EFFECTS OF POVERTY IN TODAY'S MUSLIM COUNTRIES (original) (raw)

Poverty and the Role of Islam in Reducing Poverty

Journal of World Science, 2023

Poverty is one of the greatest concerns in all societies and economic systems. It is a negative phenomenon that threatens life. Economic schools of thought have presented various approaches to overcome poverty, but so far have not succeeded in eradicating it from human life. This occurrence is referred to as an unpleasant complication. Poverty is one of the most significant and persistent problems in both developed and developing countries, including Islamic countries. The purpose of this research is to examine the role of Islam in reducing poverty. The research method used in this study is descriptive-analytical, and the necessary information was gathered from library sources and through the use of the Delphi method. The research findings indicate that in this study, the concept of poverty and its impacts are analyzed through verses from the Quran and Hadith. Findings include the definition of poverty and the gap between the rich and the poor, which is a major concern in the fields of economics and public policy. Despite being widespread, poverty is not limited to economic aspects alone but also encompasses cultural, social, and educational poverty. Analysis from the perspective of financial development highlights the importance of understanding its overall impact.

The Role of Islamic Economic System in Tackling Poverty in a Society

ERN: Other Development Economics: Macroeconomic Issues in Developing Economies (Topic), 2019

Poverty is regarded as a weapon of mass destruction in a society. It is also a major causes of social, Religious and political conflicts. It is pertinent to note that the conventional western base economic system has failed and the world is moving forward looking out for a strong and reliable system that will stand the taste of time. The west over a decade ago has suffered a lot on the issue of financial meltdown which resulted into objected poverty. This therefore is what prompted the research to examine the role of Islamic system in alleviating poverty in the society. The study use contest analysis in analyzing the data and the corpses is the Qur’an and Hadith of the prophet (S.A.W). The also find out that the existed economy system totally failed and there is need for remedy.<br>

Poverty in Muslim Countries: Policy Recommendations Over The Gulf Cooperation Council

2019

Poverty has no religion. Religion can however motivate its followers to eradicate poverty. Islam has such systems of Qard al-Hasan and Zakat to address and eradicate poverty. Muslims are 20% of the global population of approximately 7 billion people. 600 million people across the globe live in extreme poverty. Extreme poverty has been defined under the United Nations definition of multi-dimensional poverty to include hunger, onaccessibility to healthcare, shelter and other most basic human needs for survival. 50% of the World’s poorest people live in the Islamic World. Every 1 in 5 Muslims lives in extreme poverty. The Muslim countries hold 70% of the world’s natural resources that includes, oil, natural gas, gold, copper etc. Most of the Islamic countries have agriculture as part of their economic outputs. Countries like Turkey, Pakistan, Iran, Indonesia, alaysia and Bangladesh produce large quantities of food staples that are exported around the world. The Organisation of Islamic Conference (OIC) has 53 Muslim majority countries as its members out of its total membership of 57 countries. 25 members of OIC from Sub-Sahara Africa are amongst the most poverty stricken countries in the world. OIC agendas for eradication of poverty from the Islamic world are at best opaque. Internal strives and Arab-Non Arab partisan political strives has paralysed the OIC. OIC’s role as the epresentative body of the Islamic World diminished with the assassination of its leading architects such King Faisal, Zulfiqar Ali Bhutto, Edi Ameen and Qaddafi.

Contemporary Vision of Poverty and Islamic Strategy for Poverty Alleviation

SAGE Open, 2017

Currently, irrespective of one's religious, ideological, and political inclination, poverty is seen as a destructive force in all aspects. Subsequently, various strategies have been formulated to alleviate poverty. But what are actually the components of the destructive force of poverty in the vision of contemporary Muslim scholars? What kind of Islamic strategies have they formulated out of this vision? This article seeks to answer these two main questions by first investigating into the contemporary vision of poverty that has been adopted by Muslim scholars, followed second by an investigation into the strategies for poverty alleviation they proposed, and third, by critically analyzing their vision of poverty and strategies from an Islamic perspective. Based on a textual analysis of references, this article displays an inadequacy of the vision and strategies of the contemporary Muslim scholars for ignoring material-spiritual definition of poverty, as well as for formulating strategies for poverty alleviation using an exogenous, top-down approach. In a nutshell, this article attempts to provide a justification for rescrutinization of the vision of poverty from an Islamic perspective, and for a reconstruction of the poverty alleviation strategies based on the faith of the Muslim communities themselves.

An empirical study on the influence of Islamic values in poverty alleviation

Journal of Islamic Accounting and Business Research, 2015

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Ending Poverty: Islamic Solutions For The Welfare of The Ummah

Sentralisasi, 2024

Poverty is a social problem of global concern. In developing countries including Indonesia, tens of millions of people live below the poverty line. In Islam, poverty is seen as a form of social injustice that must be resolved. The Quran and Hadith explicitly indicate the duty of Muslims to help the poor. This paper aims to analyze the Islamic perspective on poverty and propose Islamic solutions to achieve the welfare of the Ummah, within the framework of achieving maqashid sharia. The method used is a literature study of Islamic sources and contextual analysis of the poverty situation in Muslim countries. The results show that poverty is caused by various factors, both internal and external. Islam offers comprehensive solutions such as the Islamic economic system, optimization of zakat and waqf, policy reform, and others. This is important in order to realize the purpose of sharia to protect the lives, property, and benefit of the people. However, its implementation needs to be studied further so that it is right on target in alleviating poverty in the contemporary Islamic world.

Individuals Poverty, Poverty Key Issues in Islam

The purpose of this paper is to describe how Islam as an ideology view at issues of poverty with individual solutions, instead of solving it with average prosperity in the stage. This paper also describes how the individual poverty solutions solved by Islam through the mechanism of distribution of wealth. View of poverty and income inequality of the socialist-communist and capitalist ideology is also presented as a comparison with Islam. Description method for describing the view of Islam in the distribution of such property is used with a review of the literature that has addressed the same theme. Diagram used at the end of the article as a visualization of the distribution of wealth in Islam.

Poverty Reduction Strategies In Islam

مجلة المستنصرية للدراسات العربية والدولية, 2016

The study illustrates the twofold nature of poverty dynamics of eradication in the Islamic system, which unites (a) boosting income via a vital anti-hoarding and pro-investment Zakat system with (b) efficiently redistributing the revenues for the sake of the needy. The research specifies the distinct elements that balance those two aspects of the Islamic system to fight poverty, implies that development is all-embracing, sustainable, equitable, and free of deficiencies noted in other similar systems. These deficiencies consist of looking at poverty as an minor failure at any moment in time to get essential material requirements, and a failure to value these requirements are not the similar for all. The aims remain; introducing a theoretical outline, the poverty concept in Islam, conceptualize poverty from the perspective of Islam, focus on the flaws of the poverty concept in the existing literature, provide an overview of the development concept in Islam, and concentrate on how Islam views poverty? What measures are provided in Islam to combat poverty? What is the common denominator in Islam?. This study used a survey technique through studies conducted in the poverty reduction strategies in Islam in general and studies that are related to that in particular. The case studies mostly relied on reviewing and synthesizing on the verses from the Koran and the "hadith" based poverty, and conducting a number of interviews with specialists. Also a number of Islamic literatures were addressed, insofar as their direct or indirect impact on poverty. The study continues in highlighting the additional security nets established by Islam to liberate the poor people and their communities from the social, material, political and spiritual ills of poverty.

Islamic Economic Concept in Poverty Alleviation

Journal of Asian Multicultural Research for Economy and Management Study

This study aims to describe the concept of Islamic economics in poverty alleviation. This research method is descriptive qualitative research using data sources from literature or library research (library research). The research approach uses a normative approach and a historical approach. The normative approach is used to examine the ideals of the Islamic Economic conception and then analyze how it is applied. Meanwhile, the historical approach is used to study empirical facts about poverty alleviation. The results showed that the stagnant distribution will cause inequality and social inequality. For this reason, the implementation of the zakat obligation is a very urgent need. The priority of poverty alleviation according to the concept of Islamic economics is to overcome the causes of poverty, namely improving the distribution of wealth. Zakat is the main instrument which is a solution to these various problems, especially in dealing with poverty and social inequality. In Islam,...

A COMPARATIVE STUDY ON POVERTY ALLEVIATION BETWEEN MOSLEM AND NON-MOSLEM POPULATED COUNTRIES

A Comparative Study on Poverty Alleviation between Moslem and Non Moslem Populated Countries. The paper attempts to explore the problems and roots of poverty, the poverty alleviation progress, programs and policies between selected Moslem populated-countries in Asia and selected non-Moslem populated-countries in Latin America. Three important aspects are concluded. Firstly, the poor are mostly living in rural areas and suburban slums. Second, poverty alleviation efforts in both particular groups of countries have resulted in a better outcome. Other economic indicators such as GNI per capita and income inequality graphic have shown better patterns. Third, there have been different strategic policies and programs implemented between the two groups of countries. Islamic economic notions such as zakah, infaq, and sadaqah play a very significant role in Moslem populated countries, on the other hand, non Moslem populated countries tend to create more radical and creative strategies such as agendas of land reform and tourism industry development. Abstrak. Studi Banding dalam Pengentasan Kemiskinan antara Negara yang Berpenduduk Muslim dengan Negara yang Tidak Berpenduduk Muslim. Artikel ini berusaha untuk mengungkap akar masalah dari kemiskinan, hasil dari usaha pengendalian kemiskinan, program dan kebijakan negara berpenduduk Muslim terpilih di Asia dan Negara yang tidak berpenduduk Muslim terpilih di America Latin. Tiga kesimpulan diperoleh penulis. Pertama, penduduk miskin sebagian besar tinggal di pedesaan dan daerah kumuh pinggir kota. Kedua, usaha pemberantasan kemiskinan dalam dua kelompok negara tertentu telah menunjukkan hasil. Indikator ekonomi lainnya seperti PNB per kapita dan grafis dari ketimpagan pendapatan telah menunjukan kemajuan. Ketiga, ada beberapa kebijakan dan program berbeda yang dilakukan oleh dua kelompok dari negara terpilih. Ajaran ekonomi Islam seperti zakat, infaq, dan sedekah sangat berperan dalam negara yang berpenduduk Muslim, di samping itu, negara yang tidak berpenduduk Muslim membuat strategi lebih mendasar dan kreatif seperti rencana pembangunan dan industri pariwisata. Kata kunci: kemiskinan, survei kepustakaan, studi banding, negara muslim, negara non-muslim