Iqtisaduna
 Book cover | |
| Author | Mohammad Baqir Al-Sadr |
|---|---|
| Language | English |
| Genre | Non-fiction books about Islamic Economic |
| Publisher | CreateSpace Independent Publishing Platform |
Publication date | 10 November 2014 |
| Publication place | Iraq |
| Pages | 272 |
| ISBN | 1502722739 |
Our Economy (Arabic: اقتصادنا"Iqtisaduna") is a major work on Islamic economics by prominent Shia cleric Muhammad Baqir al-Sadr.[1] Muhammad Baqir Al-Sadr was born on Kadhimiyeh, Baghdad in 1935.[1] The book written between 1960 and 1961, and published in 1982, it is al-Sadr's main work on economics and one of his most significant works, and still forms much of the basis for modern Islamic banking.[2][3]
Content
Our Economy must be seen as the first comprehensive analytic book in economic which written by an Islamic viewpoint.[1] al-sadr used legal Hukm (rulings) to provide an economic philosophy.[1] The book translated to English by Iranian government in 1982. [1] Our Economy written under three headlinings: Principles and methods, Distributions and the factors of production, and Distribution and justice.[4] The book consist of three parts: the two first parts show that Islam has answers to problems of the modern world by presenting an Islamic alternative to both capitalism and socialism.[4] In third part al-sadr explains the Islamic economy conception.[4]
Al-Sadr book consist of Islamic economics theory which have differences with other theories.[1] This theory is practical economic problems in line with its concept of justice.[1] Islamic economic is a doctrine and justice has a critical role in this doctrine.[1] Islamic economic included 'every basic rule of economic life connected with its ideology of social justice'.[1] This doctrine based on Islamic beliefs, laws, sentiments, concepts and definitions drives from the sources of Islam.[1]
Al-Sadr rejects socialism on the basis that Islam distinguishes between the individual and the ruler in an Islamic state in a manner that requires a distinction between private and public property.[4] However, he also rejects capitalism's notion that private property is justified in its own right, arguing instead that both private and public property originate from God, and that the rights and obligations of both private individuals and rulers are therefore dictated by Islam.[4] He also rejects the conclusion that this makes Islamic economics a mixture between capitalism and socialism, arguing that capitalism and socialism each come about as the natural conclusion of certain ideologies, while Islamic economics comes about as the natural conclusion of Islamic ideology and therefore is justified entirely independently of other systems of economics.[4]
Further reading
Full text of the book: Book 1 Part 1 [1], Book 1 Part 2 [2], Book 2 Part 1 [3], Book 2 Part 2 [4]
Alternative Links Volume 1, Part 1 Volume 2, Part 2 Volume 1, Part 1 Volume 2, Part 2
See also
- Muhammad Baqir al-Sadr
- Islamic banking and finance
- Article on Islamic Economy
- Islamic economics
- History of Islamic economics
References
- ^ a b c d e f g h i j Aslam Haneef, Mohamed (1 January 1995). Contemporary Islamic Economic Thought: A Selected Comparative Analysis. Malaysia, Kuala Lumpur: Alhoda UK. p. 156. ISBN 983996044X. Retrieved 20 March 2019.
- ^ Askari, Hossein; Iqbal, Zamir; Mirakhor, Abbas (16 February 2015). Introduction to Islamic Economics: Theory and Application (Reprint ed.). John Wiley & Sons. p. 256. ISBN 9781118732960. Retrieved 31 March 2019.
- ^ Al Asaad, Sondoss (9 April 2018). "38 Years After Saddam's Heinous Execution of the Phenomenal Philosopher Ayatollah Al-Sadr and his Sister". moderndiplomacy.eu. Modern Diplomacy. Retrieved 31 March 2019.
- ^ a b c d e f Mallat, Chibli (25 March 1993). The Renewal of Islamic Law: Muhammad Baqer As-Sadr, Najaf and the Shi'i International (Reprint ed.). Cambridge University Press. p. 245. ISBN 9780521531221. Retrieved 31 March 2019.
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