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The Islamic Vision of Development
 
in the Light of Maqasid Al-Shariah
 
          M. Umer Chapra
 
          Research Adviser
 
              IRTI-IDB
 
                                  1
 
  
The Vision of Islam
 
  • The Vision of Islam:
 
            To be a blessing for mankind (&'()*)+ ,(-‫)ر‬
 
  • To promote the well-being (‫ح‬23) of all
 
  • Isn't this the goal of all societies?
 
  • Yes! The difference lies in the concept of well-being and how it is to be
 
    realized
 
                                                                              2
 
  
How to Realize well-being (Falah)?
 
• By helping realize the Maqasid Al-Shariah (Objectives of the Shariah)
 
&([\]R X[A YZ3 ،ST+XA‫ و‬ST)IW‫ و‬ST)@U‫ و‬STIPW‫ و‬STVR‫ د‬ST')U OPQR ‫ وه> أن‬،,I(J F)G+‫& ا‬A ‫ع‬CD+‫@?>د ا‬A
 
  :g+‫ا‬hi+‫ )ا‬,Q)?A XT*3‫ ود‬،‫ة‬fIPA >T3 ‫>ل‬ab‫>ت ه_^ ا‬PR XA Y‫ وآ‬،,Q)?A >T3 ,I(G+‫>ل ا‬ab‫ ه_^ ا‬OP-
 
                                                                (١٣٩ ‫ ص‬،١ ‫ ج‬، ١٩٣٧ ،gP?]I(+‫ا‬
 
(Al- Ghazali, al-Mustasfa, 1937, Vol. 1, p.139; see also al-Shatibi.(d.790/1388),
 
n.d.).
 
"The objective of the Shariah is the well-being of the people, which lies in
 
safeguarding their faith (Din), their self (Nafs), their intellect ('Aql), their posterity
 
(Nasl) and their wealth (Mal). Whatever ensures the safeguard of these five
 
principles serves public interest and is desirable, and whatever hurts them is against
 
public interest and its removal is desirable" (al-Ghazali, 1937, Vol. 1, p.139 and al-
 
Shatibi, Vol. 1, p.38.
 
                                                                                              3
 
  
Some Clarifications:
+
== Top 20 FREQUENT WORDS ==
1. Are these the only maqasid?
+
shariah 11
2. Are we bound by the sequence given by al-Ghazali?
+
legal 6
3. Do we just safeguard or do we go beyond this to enrich and strengthen?
+
issues 5
4. Are these maqasid independent of each other or are they interdependent?
+
model 5
    •  The human self        (~PV+‫)ا‬
+
retakaful 5
    •  Faith                (&Rf+‫)ا‬
+
takaful 5
    •  Intellect            (Y@*+‫)ا‬
+
audit 4
    •  Posterity            (YIV+‫)ا‬
+
conventional 4
    •  Wealth                (‫ل‬X(+‫)ا‬
+
insurance 4
                                                                            4
+
accounting 3
 +
considerations 3
 +
practitioners 3
 +
reserving 3
 +
business 2
 +
countries 2
 +
enhance 2
 +
fiqh 2
 +
hijrah 2
 +
infrastructure 2
 +
methods 2
 +
mudharabah 2
 +
operators 2
 +
pricing 2
 +
proposal 2
 +
standards 2
 +
strategic 2
 +
suitable 2
 +
surplus 2
 +
technical 2
 +
technically 2
 +
wakalah 2
  
                                      Figure 1
 
                AL-MAQASID (OBJECTIVES OF) AL-SHARIAH
 
                      Human Development and Well-Being
 
To be realized by ensuring the enrichment of the following five ingredients for every
 
                                    individual
 
                                    Nafs
 
                              The human self
 
                              Real human
 
  Mal                      development and                            Din
 
Wealth                        well-being                            Faith
 
                              (Blessing for
 
                                mankind)
 
                                                              Aql
 
                                                            Intellect
 
            Nasl
 
          Posterity
 
                                                                                      5
 
  
                                              Figure 2
 
                                            Enrichment of the
 
                                                human self
 
                                                    (Nafs)
 
  Dignity,                Spiritual      Security                                                Good
 
self-respect  Justice      and            of life            Freedom          Education        governanc
 
and social    (2)        moral            and                  (5)              (6)                e
 
  equality                uplift        property                                                  (7)
 
    (1)                    (3)            (4)
 
    Need    Employme        Equitable        Marriage and        Family
 
                                                                                    Mental          Minimiza-
 
fulfilment  nt and self-    distribution          proper          and social
 
                                                upbringing of                      peace and      tion of crime
 
            employmen        of income                            solidarity
 
    (8)                                          children                        happiness      and anomie
 
                  t          and wealth                                (12)
 
                (9)              (10)              (11)
 
                                                                                      (13)            (14)
 
                  Wealth                        Intellect                            Posterity
 
                  (Māl)                        (‘Aql)                                (Nasl)
 
                                                  Faith
 
                                                  (Dīn)
 
                                              Human
 
                                              well-being
 
                                              (Falah)
 
                                                                                                                6
 
  
                                                      Figure 3
+
== DOCUMENT KEY POINTS ==
                                                Enrichment
+
*business operatio proposal for enhance azma hijrah strategic advisor tel fax email azman
                                                  of Faith
+
*hijrah em azmanwong ya
                                                  Worldview
 
                                              (Tawhīd, Khilafah,
 
                                            Risālah and Ākhirah)
 
                        Values                                                  Education
 
                        (Rules of            Proper motivation                (moral as well as
 
                      behaviour)                                                  material)
 
Justice, freedom, security
 
  of life, property and
 
    honour, honesty,            Removal of poverty,                Equitable                Family integrity,
 
fulfillment of all socio-        need fulfilment of all,            distribution              social solidarity
 
  economic and political            employment and                    (Human                    and political
 
  obligations, patience,          self-employment                brotherhood)                  stability
 
  thriftners, prudence,            opportunities
 
tolerance, mutual care
 
      and trust, etc.
 
                                                        Good
 
                                                    governance
 
                                                Enrichment of Self,
 
                                                    Intellect and
 
                                                      Posterity
 
                                                Well-being of all
 
                                                      (Falāh&)
 
                                                                                                                7
 
  
                                  Figure 4
+
*reflect the state mentioned by abd qadir audah the need for practitioners to be a technically competent in both shari insurance knowledge
                                    Enrichment of
+
*takaful practitioners technically incompetent when it comes to sha issues
                                    ‘Aql (intellect)
 
                                                          Reward
 
  Proper  High quality  Library                Freedom    for
 
upbringing of education    and                of thought creative Finance
 
          at affordable research                  and    work
 
              prices    facilities            expression
 
                            Expansion of knowledge
 
                            and technological base
 
                          Enrichment of faith, self,
 
                              posterity and wealth
 
                              Socio-economic and
 
                              political development
 
                                      Human
 
                                    well-being
 
                                                                          8
 
  
                                            Figure 5
+
*legal infrastructure for muslim coun acts of parliament decrees dg guidelines committee for legal reforms a to es and enhance takaful position common ombudsman a e
                                          Enrichment of
+
*ifsb e
                                              posterity
 
                                                (Nasl)
 
                                                              Intellectual and
 
Marriage and               Social solidarity                      moral                  Need fulfilment
 
family integrity                                                development
 
                Moral and                      Healthy                      Freedom from
 
              worldly education              environment                      conflict and
 
                                                                                insecurity
 
                                            Enrichment of
 
                                          self, faith, intellect
 
                                              and wealth
 
                                        Sustainable human
 
                                            development
 
                                                                                                            9
 
  
                                      Figure 6
 
                                      Development of
 
                                          Wealth
 
                                            (Māl)
 
                                    (Trust from God))
 
    Education,
 
  research, and    Security of                                                  Employment
 
  improvement        life,                  Good              Freedom of        and self-
 
in technology and  property            governance            enterprise      employment
 
  management      and honour                                                  opportunities
 
    Removal of            Social
 
    poverty, need    solidarity and                Saving and            Optimum rate of
 
  fulfillment and        mutual                    Investment              development
 
      equitable              trust
 
    distribution
 
                                    Enrichment of faith, self,
 
                                      intellect and posterity
 
                                        Well-being
 
                                            (Falah)
 
                                                                                              10
 
  
                            Figure 7
+
''Please note, This is an auto generated summary based on sentances position in the document and other factors''
                      Human Well-Being:
+
== DOCUMENT WORD ANALYSIS ==
                The Light of Maqasid al- Shariah
+
=== Main Category ===
                        FAITH (DIN)
+
: AlHuda Material\takaful
INTELLECT(‘AQL)                                SELF (NAFS)
+
 
      WEALTH (MAL)                      POSTERITY (NASL)
+
 
                                                          11
+
=== KeyWords ===
 +
taka islam insur malaysia productdeferred shariah countries muslim financial retakaful model growth custom partner developed service mutual bankable provided scheme
 +
 
 +
 
 +
 
 +
== RELATED DOCUMENTS ==
 +
:[[A Review of Takaful by Prof. Khawaja Ahmed Saeed]]
 +
:[[Agency Management,Training and Incentive Programme]]
 +
:[[Audit Issue of Islamic Banking]]
 +
:[[Banca Takaful by Faisal Shahzad Abbassi]]
 +
:[[Best Practices from e- Insurance to e-Takaful by Sami Guello]]
 +
:[[Calculated Risks, Measurable Results]]
 +
:[[Challenges & Issues Faced by Takaful Industry by Mr. Imtiaz ]]
 +
:[[Co-Operative Insurance and Takaful]]
 +
:[[Current Achievements of Takaful by Dr. S. J Malaikah]]
 +
:[[International Cooperative & Mutual Insurance Federation]]
 +
:[[Islamic Banking And Finance Malaysia’s Experience And Achiev]]
 +
:[[Islamic Finance & Investment Symposium by Sohail Jaffar]]
 +
:[[Islamic Insurance in 21st Century by Ahmad Feizal]]
 +
:[[Islamic Insurance Opertunities and Challenges]]
 +
:[[Issues and Challenges in Retakaful by Azman Ismail]]
 +
:[[Leveraging BancaTakaful as a Key Growth Channel by Mr. Rohai]]
 +
:[[Life Family Takaful by Mr. P Ahmed]]
 +
:[[Micro Insurance Co-Operative and Takaful]]
 +
:[[Micro Takaful by Shabir Patal]]
 +
:[[Microinsurance and Takaful]]
 +
:[[Microinsurance, cooperatives and Takaful]]
 +
:[[MicroTakaful – the way forward by Capt. M. Jamil Akhtar]]
 +
:[[Opertunities in Islamic Insurance]]
 +
:[[Present Scenario and Future Potentials of Takaful by Kazi Md]]
 +
:[[ReTakaful by Rohail Ali Khan]]
 +
:[[Syariah Compliant General Takaful Products by Sami Guellouz]]
 +
:[[Takaful and Mutuality by Mohd. Masua Billah]]
 +
:[[Takaful by Abdul Rahim]]
 +
:[[Takaful for Microfinance]]
 +
:[[Takaful Opperunities and Challenges By Azeem Pirani]]
 +
:[[Takaful Products Family Takaful Linked Investment Plans by S]]
 +
:[[Takaful World Prospective Middle East & North Africa]]
 +
:[[Takaful]]
 +
:[[Takful - Zubair Mughal]]
 +
:[[Takful Report]]
 +
:[[The Islamic Vision Presentation]]
 +
:[[The Success of Retakaful by Farid Benbouzid]]
 +
 
 +
 
 +
 
 +
== DOCUMENT REFERENCES ==
 +
 
 +
 
 +
=== Number of Pages ===
 +
19
 +
 
 +
 
 +
=== Published Date ===
 +
2004-11-02 07:15:53
 +
 
 +
 
 +
== Full Document ==
 +
 
 +
 
 +
[https://www.hodhood.com/en/HodHoodDocuments/IslamicFinance/Takaful/Technical%20Aspects%20of%20Takaful%20By%20Azman%20Ismail.pdf Read the Full Document]
 +
 
 +
 
 +
[[Category:Islamic Finance]]
 +
 
 +
[[Category: Takaful]]

Latest revision as of 13:40, 8 November 2017


Top 20 FREQUENT WORDS

shariah 11 legal 6 issues 5 model 5 retakaful 5 takaful 5 audit 4 conventional 4 insurance 4 accounting 3 considerations 3 practitioners 3 reserving 3 business 2 countries 2 enhance 2 fiqh 2 hijrah 2 infrastructure 2 methods 2 mudharabah 2 operators 2 pricing 2 proposal 2 standards 2 strategic 2 suitable 2 surplus 2 technical 2 technically 2 wakalah 2


DOCUMENT KEY POINTS

  • business operatio proposal for enhance azma hijrah strategic advisor tel fax email azman
  • hijrah em azmanwong ya
  • reflect the state mentioned by abd qadir audah the need for practitioners to be a technically competent in both shari insurance knowledge
  • takaful practitioners technically incompetent when it comes to sha issues
  • legal infrastructure for muslim coun acts of parliament decrees dg guidelines committee for legal reforms a to es and enhance takaful position common ombudsman a e
  • ifsb e


Please note, This is an auto generated summary based on sentances position in the document and other factors

DOCUMENT WORD ANALYSIS

Main Category

AlHuda Material\takaful


KeyWords

taka islam insur malaysia productdeferred shariah countries muslim financial retakaful model growth custom partner developed service mutual bankable provided scheme


RELATED DOCUMENTS

A Review of Takaful by Prof. Khawaja Ahmed Saeed
Agency Management,Training and Incentive Programme
Audit Issue of Islamic Banking
Banca Takaful by Faisal Shahzad Abbassi
Best Practices from e- Insurance to e-Takaful by Sami Guello
Calculated Risks, Measurable Results
Challenges & Issues Faced by Takaful Industry by Mr. Imtiaz
Co-Operative Insurance and Takaful
Current Achievements of Takaful by Dr. S. J Malaikah
International Cooperative & Mutual Insurance Federation
Islamic Banking And Finance Malaysia’s Experience And Achiev
Islamic Finance & Investment Symposium by Sohail Jaffar
Islamic Insurance in 21st Century by Ahmad Feizal
Islamic Insurance Opertunities and Challenges
Issues and Challenges in Retakaful by Azman Ismail
Leveraging BancaTakaful as a Key Growth Channel by Mr. Rohai
Life Family Takaful by Mr. P Ahmed
Micro Insurance Co-Operative and Takaful
Micro Takaful by Shabir Patal
Microinsurance and Takaful
Microinsurance, cooperatives and Takaful
MicroTakaful – the way forward by Capt. M. Jamil Akhtar
Opertunities in Islamic Insurance
Present Scenario and Future Potentials of Takaful by Kazi Md
ReTakaful by Rohail Ali Khan
Syariah Compliant General Takaful Products by Sami Guellouz
Takaful and Mutuality by Mohd. Masua Billah
Takaful by Abdul Rahim
Takaful for Microfinance
Takaful Opperunities and Challenges By Azeem Pirani
Takaful Products Family Takaful Linked Investment Plans by S
Takaful World Prospective Middle East & North Africa
Takaful
Takful - Zubair Mughal
Takful Report
The Islamic Vision Presentation
The Success of Retakaful by Farid Benbouzid


DOCUMENT REFERENCES

Number of Pages

19


Published Date

2004-11-02 07:15:53


Full Document

Read the Full Document