As revealed by Imam Moosa Kazim (A.

As revealed by Imam Moosa Kazim (A.S); these are; a) Moaash (Economic Livelihood), b) Moasharat (Social Livelihood), c) Monajat (Religious Livelihood) and d) Zaat (Personal livelihood) Using Faith based model of Hamdani (2003), we can re-write the same as following: The maximization process would be to: Choose amounts of time and money resources (which can be converted totally in time if from income it is converted in no of hours involved) for Moash (Economic livelihood; market based earning activities; which includes objects depending on the stage of life and other circumstances, investment expenditure for human capital, other physical infrastructure, social capital, children education etc), then for moashrat (Social Livelihood: society based allocation, which are not directly related to earning in the first period and may base on social norms, rituals and practices), then for Monajat (Religious Livelihood: purely for religious aspirations), then for Zaat (personal lively hood: which include family, his personal time for rest and other necessary doings, home production, food and other recreational consumption, etc) Subject to: Income (those resources which are generated un-worked, e.g.

bequest, donation, saving, discount, subsidy, social capital returns, family providing support etc), and time constraint Which would give: Over all maximum well-being rather then only metric utility or it's that utility function which includes all of the above arguments or the sum of maximised utility of moash, moashrat, monajat and zaat. The budget constraint which is also linked with the time for moaash i.e.

the total income resource could be written as Yi= vmi*tm+ un-worked income Where Yi is the total available income, vmi is the value of market time, usually taken as to be the wage rate, and tm is the total time allocated to the market for earning actitivyt.

Then the total value time constraint can be written as VT=Vi* 24= vmi*tm+vsi*ts+vri*tr+vzi*tz Where Vi is the average value per unit of time for ith individual, vsi is the value for time spent on societal activities for ith individual, ts is the time allocated for societal activities, vri is the value for time spent on religious activities for ith individual, tr is the time allocated for religious activities, vzi is the value for time spent on personal activities for ith individual and tz is the time allocated for personal activities.

Now we can solve this model for committed and non-committed time allocation.