حرمت اکتنازاورگردش زر کا اسلامی تصور

The Prohibition of Iktināz and the Islamic Concept of Currency Circulation

Abstract

In a capitalist system, wealth is concentrated in a few hands. Due to the lack of restrictions on earning wealth, two classes are born in the society, the class of the rich and the poor class. First of all, Islam forbids the use of illicit means for the accumulation of wealth and by ruling determines the share of the poor from the wealth obtained through lawful means. Due to which the wealth starts moving from the rich to the poor. This transfer of wealth increases aggregate demand in the economy. An increase in production becomes necessary to meet this increased demand, which opens up more employment opportunities for people.

Islam is a complete code of life that provides complete guidance to its followers in every aspect of life. Islam has always taken care of the collective consciousness of man. Similarly, Islam provides a valid basis for reforming the social system and eliminates the factors that lead to corruption and unrest in the society. Today our social system is suffering from corruption and lawlessness. Among the main causes of this corruption and insecurity are economic reasons (Usury, gambling, bribery, corruption, fraud ,aetkas and Iktināz) which are declared illegal by Islam. And did not allow corrupt economics to interfere in any field of affairs. Among the above-mentioned economic reasons, only the sanctity of Iktināz and its related rulings will be discussed here to clarify the concept of currency circulation in Islam.