ভূমিকা

Shiavault - a Vault of Shia Islamic Books Islamic Economy Its Ideological and Legal Foundations Strong Connection With Other Systems It is evident in all systems devised by Islam that they are put forward as parts of a larger system which includes, in general, the whole universe.

These systems are in strong and close interconnection in such a manner that none of them can achieve its desired goal without the implementation of other systems (and naturally, we do not claim here that the obligation to set up the system hinges on the establishment of other systems but what we emphasize is the issue of system's achievement of all of its desired goals.) In this regard the following points should be made: A.

Certain areas of the social system are reserved to be filled by the wali'y al-amr (or by some one appointed by him) due to his ijtihad [ability to extract Islamic rule whenever needed] and determination of the nature of the prevailing situations and ummah's interest. This is what we observe, for example, in economic, legal, and penal systems and in the institutions of waqf [endowment], mu`a'mala't [transactions], irth [inheritance], and so forth.

This fact indicates the complete connection between these institutions and the ruling political system. B. The economic system is strongly related to the system of `iba'da't [worshippings]. This is the issue which is sometimes presented as the companionship of the prayers and zaka'h in tens of Qur'anic cases. Zakah and khums are two financial `iba'dahs.

Financial kaffa'ra't [expiations] are, in fact, also a huge economic participation by `iba'da't system in the service of public economic interest. It should not be ignored that some `iba'dahs like #awm [fasting] and provide the elements of economic grounds, to which we clearly pointed. There are certain `iba'dahs that strongly contribute to the public ownership such as waqf, if we require ni'yyat al-qurbah [proximity intention] in it. C.

The economic system and its goals and pecularities naturally have a strong connection with the system of mu`a'mala't [transactions] which is designed in such a manner to provide the proper environment for the realization of mutual responsibility, balance, and dual ownership, emphasize the labor element, and prohibits riba' [usury], 'akl al-ma'li bi al-ba'>il [financial misappropriation], harmful acts, lahw [debauchery], and wasting of the wealth. D.