Abstract
As expected, the Metaframework’s teachings and principles on the concepts of scarcity, rationality, and the roles of the market and the state are ontological. As we have explained, through His Walayahh, the Supreme Creator has placed all natural-material resources at the disposal of humans to empower them to serve humanity and the rest of creation in adoration of the Cherisher Lord. Humans are made capable of doing so through the responsibilities of the office of agency-trusteeship; responsibilities that humans collectively accepted as a consequence of the primordial covenant. Human capabilities have also been empowered by gifts of the spirit (ruh), by the meditative-reflective faculty of reasoning (áql), the primordial nature (fitrah), and the freedom of choice.
This is a preview of subscription content, log in via an institution.
Buying options
Tax calculation will be finalised at checkout
Purchases are for personal use only
Learn about institutional subscriptionsPreview
Unable to display preview. Download preview PDF.
Notes
A. Barrera, God and the Evil of Scarcity (Notre Dame, IN: University of Notre Dame, 2005);
S. Marglin, “How the Economy Is Constructed: On Scarcity and Desire,” in Social Inequality, ed. Solimane (Ann Arbor: University of Michigan Press, 1998), 15–27.
W. T. Cavanaugh, Being Consumed (Grand Rapids, MI: Wm.B. Eerdmans, 2008), 90.
K. Dennis, ed., Rationality in Economics: Alternative Perspectives (Boston: Kluwer Academic, 1998).
K. Cragg, The Quran and the West (Washington DC: Georgetown University Press, 2006), 38–49.
Mohammad Kulayni, Usul al-Kafi (Tehran: al-Matba’ah al- Islamyyah, 1967).
On the constitution of Medina, see S. K. Sadr, The Economy of the Earliest Islamic Period (Tehran: Shaheed Beheshti University Publishing, 1996);
R. B. Sergeant, “The Constitution of Medina,” Islamic Quarterly Vols. 8–9 (1964–1965): 3–16;
A. Khan, Commentary on the Constitution of Medina, in Ramadan (2006); A. Eman, “Reflections on the Constitution of Medina,” DKLA Journal of Islamic and Near Eastern Law (2001–2002): 104.
This and the remaining sections of this chapter draw on Sadr, Economy of the Earliest Islamic Period. See also Abd al-Malik Ibn Hisham, The Life of Muhammad, translated by Alfred Guillaum (Oxford: Oxford University Press, 1974); Eman, “Reflections on the Constitution of Medina”; Khan, Commentary on the Constitution of Medina;
T. A. Ibn Taymiyyah, Public Duties in Islam, translated by Muhtar Halland (UK: The Islamic Foundation, 1976);
Yahya Ibn Umar, Akham Al-Suq (Tunisia: Al-Sharika Al-Tunisiyyah lil Tawzi, 1975);
Ahmad Ilyas, Social Contract and the Islamic State (Allahabad: Urdu Publishing House, 1940);
A. Khalif, Matba’at Lajnat al-Ta’lif wa-al-Tarjamah wa-al-Nashr (Cairo: al-Qahirah, 1944);
Imam Khomeini, Kitab ul-Bai (Qum, Iran: Meh Publishing House); M. J. Kister, “The Market of the Prophet,” Journal of the Economic and Social History of the Orient Vol. 8, No. 3, January (1965);
Imam Khomeini, al-Makasib al-Muharramah (Tehran: Bahram, 1961);
Abu al wafa mustafa Al-Maraghi, min Qadaya Al-Amal wa Al-Mal fi Al-Islam (Cairo: Majma’al Buhuth al-Islamiyyah, 1960);
M. Y. Musa, “The Liberty of the Individual in Contracts and Conditions According to Islamic Law,” Islamic Quarterly, 1955: 79–85 and 252–263; Allama Abud Ala Mawdudi, in A History of Muslim Philosophy, ed. M. M. Sharif (Wiesbaden, Germany: Otto Harrossowitz, 1963);
Al-Amili, al’Allammah asSayyid Ja’far Murtadha, asSsuq (Beirut: adDdar al- Islamiyyah, 1988);
H. H. Shihata, “Market Competition in Light of Islamic Sharia,” (Department of Commerce: Al-Azhar University, 1977);
S. E. Rayner, The Theory of Contracts in Islamic Law (London: Graham and Trotman, 1991);
J. Abu-Lughod, “The Islamic City—Historic Myth, Islamic Essence, and Contemporary Relevance,” International Journal of Middle Eastern Studies Vol. 18 (1987): 155–179;
R. Simon, Meccan Trade and Islam (Budapest: Akademiai Kiado, 1989).
Copyright information
© 2010 Abbas Mirakhor and Hossein Askari
About this chapter
Cite this chapter
Mirakhor, A., Askari, H. (2010). The Dimensions of Development in Islam. In: Islam and the Path to Human and Economic Development. Palgrave Macmillan, New York. https://doi.org/10.1057/9780230110014_4
Download citation
DOI: https://doi.org/10.1057/9780230110014_4
Publisher Name: Palgrave Macmillan, New York
Print ISBN: 978-1-349-28831-1
Online ISBN: 978-0-230-11001-4
eBook Packages: Palgrave Political & Intern. Studies CollectionPolitical Science and International Studies (R0)