Economic thought of al-Ghazali (450-505 A.H. 1058-1111 C.E.)‎

Other Title(s)

الفكر الاقتصادي عند الغزالي

Joint Authors

Ghadanfar, Shaykh Muhammad
Islahi, Abd al-Azim

Edition

1 ed.

Publisher

King Abdulaziz University Islamic Economics Institute

Publication Date

2011-12-31

Country of Publication

Saudi Arabia

No. of Pages

99

ISBN

9789960065762

Main Subjects

Economy and Commerce
Religion
Islamic Studies

Topics

English Abstract

Al-Ghazali′s economics is anchored on five necessary Shari‘ah -mandated foundations of individual and social life: religion, life, family, property, and intellect.

He focuses on the economic aspects of maslahah (social utility), distinguishing between necessities, comforts and luxuries.

Subsistence living is inadequate but wealth too has its dangers.

Both extravagance and miserliness are to be avoided, a middle course is recommended.

The authors seek to reconcile between apparently contradictory views of al-Ghazali on wealth and (voluntary) poverty.

Al-Ghazali′s insights on exchange, production, money, role of the state and public finances are reported.

Al-Ghazali emphasizes ethical behavior in the market and regards production and supply of necessaries to be an obligatory duty.

He condemns hoarding and lauds cooperation.

Usury is rejected and justice, peace and stability are projected as preconditions of economic progress.

Table of Contents

Contents.

Foreword to the second edition.

Foreword to the first edition.

Abstract

Introduction.

Al-Ghazali: The Man and his Environment.

Islamic Foundations of al-Ghazali's Economic Philosophy.

Economics of Al-Ghazali.

Role of the State and Public Finance.

Concluding Remarks.

Notes and References.

Index.

American Psychological Association (APA)

Ghadanfar, Shaykh Muhammad& Islahi, Abd al-Azim. 2011-12-31. Economic thought of al-Ghazali (450-505 A.H. 1058-1111 C.E.) Jiddah Saudi Arabia : King Abdulaziz University Islamic Economics Institute.
https://search.emarefa.net/detail/BIM-857625

Modern Language Association (MLA)

Ghadanfar, Shaykh Muhammad& Islahi, Abd al-Azim. Economic thought of al-Ghazali (450-505 A.H. 1058-1111 C.E.). Jiddah Saudi Arabia : King Abdulaziz University Islamic Economics Institute. 2011-12-31.
https://search.emarefa.net/detail/BIM-857625

American Medical Association (AMA)

Ghadanfar, Shaykh Muhammad& Islahi, Abd al-Azim. Economic thought of al-Ghazali (450-505 A.H. 1058-1111 C.E.). Jiddah Saudi Arabia : King Abdulaziz University Islamic Economics Institute. 2011-12-31.
https://search.emarefa.net/detail/BIM-857625

Language

English

Document Type

Book

Notes

Include Index : p. 95-99

Record ID

BIM-857625