Islamic economic approaches to poverty alleviation and sustainable development
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Abstract
This study develops an Islamic conceptual framework for sustainable development aimed at alleviating poverty. It explores principles derived from Islamic legislation and proposes a theoretical foundation for their implementation. By integrating modern development theories with traditional Islamic values, the research advocates economic solutions rooted in Islamic jurisprudence. It highlights that Islamic law prioritizes understanding poverty and advancing measures to improve the welfare of the underprivileged. Poverty, as a global challenge, threatens social cohesion. While capitalism and communism have been extensively analyzed, Islamic approaches remain underutilized. Therefore, this study underscores the need to investigate and operationalize Islamic solutions for practical application. Utilizing a descriptive-analytical methodology, the research compares Islamic strategies with those of alternative ideologies by examining relevant legal sources and prior studies. It evaluates the applicability of these approaches and offers actionable recommendations. Key findings include the relevance of Islamic economics in diverse contexts, the foundational principles of a modern Islamic framework for sustainable development, the ethical dimensions of Islam’s approach to poverty alleviation, and the central role of zakat as a vital mechanism for supporting the impoverished and improving living standards.
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