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Islamic ethical wealth and its strategic solutions to 'zero hunger' scheme

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Date
2021
SDG:
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Abstract
Islam is a comprehensive religion and a complete way of life that provides guidance not only in matters of ritual and worship but also mundane activities. Ethical principles, generally termed akhlaq, are embedded in Islam as important component of its guidance system for all dealings. Wealth in Islam is considered a trial, or a possession meant to try one's obedience to Allah (SWT). While one enjoys wealth, it is as well regarded as an endowed favour from Allah that embodies entitlements of poor and needy members of society. Appropriate disbursement of the entitlement due to the poor is an obligation that brings to light the issue of wealth as a trial, particularly on those who might not duly discharge it. Zakat, a third pillar of Islam, together with sadaqat and waqf are mechanisms designed to channel those entitlements from wealth of rich members of the society to help the poor and needy who are poverty-stricken. Poverty is a prevalent global issue today which is said to be the reason for over 821 million people going hungry each and every day in some of the world's poorest communities (Islamic Relief, n.d.). Poverty is taking its toll on the economic and social aspects of the lives of the people such that in region such as Africa one out of four is undernourished.
Keywords
Islamic ethical wealth , Sustainable Development Goals (SDGs) , Zero hunger , Poverty , Food security , Economic , Islamic social finance
Citation
Muneeza, A. & Mustapha, Z. (2021). Islamic ethical wealth and its strategic solutions to ‘zero hunger’ scheme. In M. M. Billah (Ed.), Islamic wealth and the SDGs: global strategies for socio-economic impact (pp. 273-303). Cham, Switzerland: Palgrave Macmillan.
Publisher
Palgrave Macmillan
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