ISLAM AND ECONOMICS

 "Islam and Economics" is a book written by Shah Walliullah Dehlvi, a renowned Islamic scholar and jurist of the 18th century. The book is considered a classic in the field of Islamic economics and offers a comprehensive analysis of the Islamic perspective on economic matters.

In the book, Shah Walliullah examines the Quran and Hadith to determine what Islam teaches about economic affairs. He argues that Islam promotes justice, fairness, and equality in economic transactions and discourages exploitative practices such as usury and monopolies.

Shah Walliullah also discusses the concept of "riba," or interest, in Islamic finance. He maintains that charging interest on loans is prohibited in Islam, except in cases where it is absolutely necessary, such as in times of extreme scarcity or emergency.

The book also touches upon other economic concepts, such as the distribution of wealth, the role of government in the economy, and the relationship between religion and economics. Shah Walliullah argues that Islam promotes social justice and equality, and that economic policies should be designed to benefit the poor and marginalized members of society.

Overall, "Islam and Economics" is a significant contribution to the field of Islamic economics and continues to be widely studied and debated by scholars today. Its ideas and perspectives offer valuable insights into the intersection of religion and economics, and highlight the importance of ethical and moral principles in guiding economic decision-making.