Proceedings of the International Conference on Economics and Banking 2015

The Character of The Disposal Of Wealth from Quranic Perspektive

Authors
Sa'diah Abdul Karim
Corresponding Author
Sa'diah Abdul Karim
Available Online May 2015.
DOI
https://doi.org/10.2991/iceb-15.2015.36How to use a DOI?
Keywords
the economic islam perspective, disposal of wealth, and infaq
Abstract
This paper investigates the character of disposal of wealth from Quranic perspective with constructive reference towards the disposal of wealth for the cause of Allah. We do believe that the discussion of the disposal of wealth is clearly general and involves various variables, yet this paper particularly focuses on the act of infaq since it is the most fundamental keyword within consumption decision. This can be observed once Al Quran presents the idea of the disposal of wealth for the cause of Allah which includes sadaqah, zakat, hibah, nafqah and waqaf. Disposing wealth in general is much broader than to consume, save, invest and pay tax, the way like we understood in conventional economics. It is a matter on how the disposal of wealth could get us closer to our God. Therefore, the connotation of disposing of wealth for the cause of Allah is explicitly being mentioned as frequent as it is a significant attribute of a true believer. In general, Al Quran highlights two main types of the disposal of wealth namely to spend for the family and to spend for the sake of Him. In which the latter takes place on a thoughtful-yet-voluntary approach. It would be necessary to denote since then that this paper will not go into deeper the obliged-way of disposing wealth like zakat and inheritance
Open Access
This is an open access article distributed under the CC BY-NC license.

Download article (PDF)

Proceedings
International Conference on Economics and Banking (iceb-15)
Part of series
Advances in Economics, Business and Management Research
Publication Date
May 2015
ISBN
978-94-62520-86-8
ISSN
2352-5428
DOI
https://doi.org/10.2991/iceb-15.2015.36How to use a DOI?
Open Access
This is an open access article distributed under the CC BY-NC license.

Cite this article

TY  - CONF
AU  - Sa'diah Abdul Karim
PY  - 2015/05
DA  - 2015/05
TI  - The Character of The Disposal Of Wealth from Quranic Perspektive
BT  - International Conference on Economics and Banking (iceb-15)
PB  - Atlantis Press
SN  - 2352-5428
UR  - https://doi.org/10.2991/iceb-15.2015.36
DO  - https://doi.org/10.2991/iceb-15.2015.36
ID  - Karim2015/05
ER  -