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The Islamic Vision of Development
 
−
in the Light of Maqasid Al-Shariah
 
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          M. Umer Chapra
 
−
          Research Adviser
 
−
              IRTI-IDB
 
−
                                  1
 
  
−
The Vision of Islam
 
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  • The Vision of Islam:
 
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            To be a blessing for mankind (&'()*)+ ,(-‫)ر‬
 
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  • To promote the well-being (‫ح‬23) of all
 
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  • Isn't this the goal of all societies?
 
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  • Yes! The difference lies in the concept of well-being and how it is to be
 
−
    realized
 
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                                                                              2
 
  
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How to Realize well-being (Falah)?
 
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• By helping realize the Maqasid Al-Shariah (Objectives of the Shariah)
 
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&([\]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.).
 
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"The objective of the Shariah is the well-being of the people, which lies in
 
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safeguarding their faith (Din), their self (Nafs), their intellect ('Aql), their posterity
 
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(Nasl) and their wealth (Mal). Whatever ensures the safeguard of these five
 
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principles serves public interest and is desirable, and whatever hurts them is against
 
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public interest and its removal is desirable" (al-Ghazali, 1937, Vol. 1, p.139 and al-
 
−
Shatibi, Vol. 1, p.38.
 
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                                                                                              3
 
  
−
Some Clarifications:
+
== Top 20 FREQUENT WORDS ==
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1. Are these the only maqasid?
+
shariah 11
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2. Are we bound by the sequence given by al-Ghazali?
+
legal 6
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3. Do we just safeguard or do we go beyond this to enrich and strengthen?
+
issues 5
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4. Are these maqasid independent of each other or are they interdependent?
+
model 5
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    •  The human self        (~PV+‫)ا‬
+
retakaful 5
−
    •  Faith                (&Rf+‫)ا‬
+
takaful 5
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    •  Intellect            (Y@*+‫)ا‬
+
audit 4
−
    •  Posterity            (YIV+‫)ا‬
+
conventional 4
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    •  Wealth                (‫ل‬X(+‫)ا‬
+
insurance 4
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                                                                            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
  
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                                      Figure 1
 
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                AL-MAQASID (OBJECTIVES OF) AL-SHARIAH
 
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                      Human Development and Well-Being
 
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To be realized by ensuring the enrichment of the following five ingredients for every
 
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                                    individual
 
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                                    Nafs
 
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                              The human self
 
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                              Real human
 
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  Mal                      development and                            Din
 
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Wealth                        well-being                            Faith
 
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                              (Blessing for
 
−
                                mankind)
 
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                                                              Aql
 
−
                                                            Intellect
 
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            Nasl
 
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          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
 
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  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
 
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                                              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
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                                              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