Volume 6 Issue 1 2010


Farooq Aziz
Assistant Professor, Incharge Department of Business Administration Federal Urdu University, Karachi, Pakistan.

Assistant Professor, Department of Economics Federal Urdu University, Karachi, Pakistan.

Abstract Quran has quite clearly mentioned the rules on which expansion or contraction of Rizk (income & wealth) depends. According to Quran any human being, it obeys the rules of the Quran, will get expansion at risk. No discrimination is made based on belief (Iman). However, if a person accepts the teachings of Islam and becomes Muslim then he/she will get Rizk-un-Karim (Honourable Income & Wealth) by following the same rules. This is the main distinction between Muslims & Non-Muslims in this regard. Quran has described some actions under the title of Amal-e-Salah (Good deeds). When a Muslim performs these functions then its ultimate result is an expansion of risk. On the same lines the Muslims who spend their wealth in the way of Allah, help refugees, support the fighters, who are fighting in the way of Allah, and who are sincere for Allah will get honorable rizk. On the other hand, some actions, like a deviation from Devine rules, un-gracefulness of Allah, parsimony, lack of social security systems, etc, are those actions which ultimately reduce the volume of rizk.
Keywords Rizk, Quran, laws, expansion, contraction.
Year 2010
Volume 6
Issue 1
Type Short Report
Recognized by Higher Education Commission of Pakistan, HEC
Category "Y"
Journal Name IBT Journal of Business Studies
Publisher Name ILMA University
Jel Classification -
DOI http://dx.doi.org/10.46745/ilma.jbs.2010.06.01.04
ISSN no (E, Electronic) 2409-6520
ISSN no (P, Print) 2416-8393
Country Pakistan
City Karachi
Institution Type University
Journal Type Open Access
Manuscript Processing Blind Peer Reviewed
Format PDF
Paper Link http://ibtjbs.ilmauniversity.edu.pk/journal/jbs/6.1/4.%20Quranic%20Laws%20of%20Expansion%20&%20Contraction%20of%20Rizk%20(Income%20&%20Wealth).pdf
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