God’s and Human’s Authority on the Ownership of Wealth in Islam

DOI

10.2991/assehr.k.201113.032How to use a DOI?

Keywords

God’s and human’s authority, wealth in the Qur’an, Islamic economy

Abstract

There are some discussions about economy in the Qur’an. When discussing it, the Qur’an uses various words that refer to different issues in economics. This paper want to tackle one of the many economic words available in the Qur’an, that is, the word of “al-mal”, which literally means “wealth”. The main focus of this paper is to answer the following questions. How is the authority of God and Human with regard to the ownership of wealth and its management? This paper used the concept of Tafsir Maudu’i (thematic interpretation), as its methodological approach. This research concludes that in Islam, the concept of wealth is solely possessed by God, who will deliver his authority to human beings for managing its distribution and consumption. The practical implication of this concept is that there is a highly social dimension within the Islamic concept of wealth. This concept delivers a statement that the Islamic concept of economic security for all members of society is an ideal one. If it is applied in society, levels of poverty can be reduced.

Copyright

© 2020, the Authors. Published by Atlantis Press.

Open Access

This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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TY  - CONF
AU  - Bukhori Abdul Shomad
AU  - Abd. Wahid
PY  - 2020
DA  - 2020/11/13
TI  - God’s and Human’s Authority on the Ownership of Wealth in Islam
BT  - Proceedings of the 1st Raden Intan International Conference on Muslim Societies and Social Sciences (RIICMuSSS 2019)
PB  - Atlantis Press
SP  - 169
EP  - 173
SN  - 2352-5398
UR  - https://doi.org/10.2991/assehr.k.201113.032
DO  - 10.2991/assehr.k.201113.032
ID  - Shomad2020
ER  -