This situation necessitates seeking the number of choices of Islamic economics in relieving poverty. Desire to of poverty alleviation can be gained, within an Islamic Economic process through reducing the inequality. It never indicates attaining equality but equity and justice in the money and wealth distribution. Islam removes the utter inequality which arises from unequal distribution of revenue, but general inequality emerges from equitable circulation of revenue and wealth.
First section of this article has provided a tiny introduction to equally main-stream economics and Islamic economics. Then it provides a picture of poverty of current world and Islamic perception of poverty. Then Islamic economics devices to alleviate poverty such as for instance zakat, sadaqa, qard hasan, ganima, khums, fay, jizya, mudaraba, musharaka, prohibition of curiosity, abolition of extravaganza, prohibition of speculation and hoarding have already been mentioned in briefly.pelatihan islami Impact of Islamic economic instruments on limited propensity to eat, multiplier, value expense and production have been worked with.
The publications and posts I introduced for this information are Dr. Dr.Sabahuddin Azmi's Islamic Economics, S. M. Hasanuzzaman's Financial purpose of an Islamic state (The early experience), Towards knowledge the economic program of Islam compiled by Dr.P Ibrahim and Introduction to the economic system by Moulavi.M.V.Saleem.
Nobody can undermine the significance of economics which is a social technology that reports the generation, circulation, industry and consumption of goods and services. That very importance of economics led to emergence of different financial programs on the planet and all of those economic programs state that they can fetch economic welfare. Those dominating and outstanding economic system's disappointment to complete economic justice, prosperity, the eradiation of the inequality and poverty produce required an alternative financial system which could properly make a starvation free and poverty free world.