The Character of The Disposal Of Wealth from Quranic Perspektive
- DOI
- 10.2991/iceb-15.2015.36How to use a DOI?
- Keywords
- the economic islam perspective, disposal of wealth, and infaq
- Abstract
This paper investigates the character of disposal of wealth from Quranic perspective with constructive reference towards the disposal of wealth for the cause of Allah. We do believe that the discussion of the disposal of wealth is clearly general and involves various variables, yet this paper particularly focuses on the act of infaq since it is the most fundamental keyword within consumption decision. This can be observed once Al Quran presents the idea of the disposal of wealth for the cause of Allah which includes sadaqah, zakat, hibah, nafqah and waqaf. Disposing wealth in general is much broader than to consume, save, invest and pay tax, the way like we understood in conventional economics. It is a matter on how the disposal of wealth could get us closer to our God. Therefore, the connotation of disposing of wealth for the cause of Allah is explicitly being mentioned as frequent as it is a significant attribute of a true believer. In general, Al Quran highlights two main types of the disposal of wealth namely to spend for the family and to spend for the sake of Him. In which the latter takes place on a thoughtful-yet-voluntary approach. It would be necessary to denote since then that this paper will not go into deeper the obliged-way of disposing wealth like zakat and inheritance
- Copyright
- © 2015, the Authors. Published by Atlantis Press.
- Open Access
- This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).
Cite this article
TY - CONF AU - Sa'diah Abdul Karim PY - 2015/05 DA - 2015/05 TI - The Character of The Disposal Of Wealth from Quranic Perspektive BT - Proceedings of the International Conference on Economics and Banking 2015 PB - Atlantis Press SP - 246 EP - 249 SN - 2352-5428 UR - https://doi.org/10.2991/iceb-15.2015.36 DO - 10.2991/iceb-15.2015.36 ID - Karim2015/05 ER -