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Title: : عہدِ خلافتِ راشدہ کی روشنی میں اقتصادی معاملات میں ریاستی مداخلت کا تحقیقی مطالعہ
Authors: Tooba Riaz, Muhammad Imran, Tanveer Akhtar
Journal: Al-Mithaq
Publisher: Hira Institute of Social Sciences Research & Development
Country: Pakistan
Year: 2023
Volume: 2
Issue: 2
Language: Urdu
Keywords: justiceEconomicwelfareStateMarketKhulafā
The economic sector is the broadest in human life. Justice moderation and balance are very important in the economic sector. In this context, the state has the right to intervene in economic matters so that the state establishes justice and balance in economic matters. All the responsibilities of the development of economic affairs are imposed on the state. Therefore, the state can monitor the economic affairs by using its powers and can intervene where necessary to maintain moderation. Among the practical steps taken by the Khulafā during their Khilāfat for the welfare of the society, the most important was the guidance of economic matters. Where they saw poverty or immoderation or injustice in economic matters, they corrected the economic matters by using the state powers. In this regard, they formulated such principles for the public interest which can be adopted in the present day to improve the economic affairs. Today the world is suffering from many problems, among which the main problem is the economy, so the action of the state in this matter is seen as very necessary. The Khulafā intervened in economic matters so that people could uphold justice in financial matters, i.e. buying and selling. As the result, there could be no shortage, exploitation, hoarding, fraud, price increase in the market. In the article under review, it has been clarified that the state has the right to intervene in financial matters and its evidence and examples have been presented from the era of the Khilāfat-e-Rāshidah.
To clarify the state's right to intervene in financial matters and present evidence and examples from the era of the Khilfat-e-Rshidah.
The study examines historical practices and principles from the era of the Khilfat-e-Rshidah to support the concept of state intervention in economic affairs for public welfare.
graph TD; A["Review of Historical Economic Practices"] --> B["Analysis of State Intervention during Khilfat-e-Rshidah"]; B --> C["Identification of Principles for Public Interest"]; C --> D["Application to Contemporary Economic Issues"]; D --> E["Conclusion on State's Right to Intervene"];
The economic sector is crucial for human life, requiring justice, moderation, and balance. The state has the authority and responsibility to monitor economic affairs and intervene when necessary to maintain these principles for societal welfare.
The Khulaf intervened in economic matters to establish justice and balance, preventing issues like poverty, exploitation, hoarding, fraud, and price increases. The principles formulated for public interest during that era are applicable today for improving economic affairs.
The state possesses the right to intervene in economic matters, as evidenced by the practices of the Khulaf during the Khilfat-e-Rshidah. These historical interventions aimed to ensure fairness and prevent economic injustices, offering valuable lessons for contemporary economic management.
- The article was received on 02-09-2023, accepted on 13-10-2023, and published on 01-11-2023.
- The journal is Al-Mthq (Research Journal of Islamic Theology) with ISSNs 2791-0989 (P) and 2791-0997 (E).
- The article is published in Volume 02, Issue 02, July-December 2023, and spans pages 46-63.
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