
Fifth: economic solidarity and protection of wealth
Point 5 of 7 — Lesson 2: Business Ethics, the Prohibition of Fraud and MonopolyQuestion bank: 0 questions (0 with pictures)
05 Fifth: economic solidarity and protection of wealth
- Economic solidarity: directing wealth toward what serves the public good of the society.
- The Qur'an forbids leaving wealth in the hands of the reckless (sufaha') who misuse it.
Moderate spending
- Islam makes spending a middle course between extravagance and stinginess.
- "And do not make your hand chained to your neck, nor stretch it out to its full stretching" — al-Isra 29.
Zakat
- Among the means of solidarity that zakat is taken from the wealthy and returned to the poor.
- Its purpose: to meet the needs of those in need, to guarantee them a sufficiency level, and to strengthen the community.
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