Economic Stability and Mu’ākhāt-e-Madīnah: A Comprehensive Analysis
DOI:
https://doi.org/10.52461/al-abr.v2i2.2581Keywords:
Mu'akhat Madinah, Economic stability, Socio-economic principles, Wealth distribution, Social justiceAbstract
This study examines the socioeconomic foundations of Muakhat Medina and also its historical significance in the early Muslim communities, and the impact of achievement on contemporary economic stability in an Islamic framework. The study uses a multidisciplinary approach, combining insights from Islamic law, history, and economics to provide linkages to ethical foundation building exists between Muakhat Medina and public economic well-being is clear. Through meticulous analysis, the article aims to identify key principles such as wealth distribution, social justice, and economic cohesion that flow from this historic agreement and its potential impact on achieving economic. Furthermore, the study explores the adaptability of Muakhat Madina principles to modern economic challenges by considering factors such as globalization, technological advancement, and evolving financial systems. Also, the article contributes to discourse trends in Islamic finance and provides insights. In conclusion, this study seeks to bridge the gap between historical Islamic contracts and current economic problems, with a comprehensive analysis of Muakhat Medina's theory.
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