Sunday, January 17, 2016

Islamic economic system: from principles to microeconomics and macroeconomics fields (7)

The authors write:
None but God is empowered to pronounce what is right and what is wrong.
Allah has made demarcation between lawful and unlawful in the economic sphere.
Allah has allowed man to enjoy those food items and other articles of use which are lawful and avoid those things which are unlawful.
The authors continue with Quran.
Allah says:
“O ye who believe!
Forbid not the good things which Allah has made lawful for you, and transgress not, Lo! Allah loves not the transgressors.
Eat of that which Allah hath bestowed on you as food lawful and good and keep your duty to Allah in Whom ye are believers.”
Quran: 5 : 87-88
No human being has power to say what is right (halal) and what is wrong (haram).

Used from paper of  Abdul Ghafar Ismail and  Noraziah Che Arshad

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