Combating Poverty Through Self Reliance: The Islamic Approach
AbstractPoverty comes at the head of man’s present plight hence, the need to combat it. Self-reliance as a mean of eradicating poverty has become a concept central to Nigeria’s policy in recent years. The major problem of the policy however, is that its approach lacks ethics, juridical elements, divine regulations, and ability to shape and direct the attitude and behaviour of the people toward it, which make it difficult for them to embrace it with deserved seriousness. Many Nigerians do not recognise their religious and moral obligation to become self-reliant and economically independent. The objective of this paper is to examine the Islamic approach to self-reliance as a means of combating poverty. The paper is a literature survey and data is presented based on direct deductions from the Qur’an and Sunnah (the sayings, deeds and approvals of the Prophet) and on the writings of prominent scholars. The paper confirms that self-reliance, as a means of combating poverty is embedded in the Islamic economic system. It also posits that dependence of any able effortless person on somebody else for a livelihood is a religious sin, social stigma and disgraceful humility. The paper further identifies work and strives as the first weapon for alleviating poverty. The paper finally recommends that the Islamic approach to self-reliance as a means of eradicating poverty be implemented as an alternative to the secular approach as that will go a long way in eradicating poverty in Nigeria.
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Bibliographic InfoPaper provided by University Library of Munich, Germany in its series MPRA Paper with number 23139.
Date of creation: 2006
Date of revision:
Publication status: Published in Journal of Business Administration 1.1(2006): pp. 64-79
Islam; Qur'an; Sunnah; Ijmah; Zakah; Sadaqah;
Find related papers by JEL classification:
- B19 - Schools of Economic Thought and Methodology - - History of Economic Thought through 1925 - - - Other
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- Ahmad Bello, Dogarawa, 2008. "Islamic Social Welfare and the Role of Zakah in the Family System," MPRA Paper 23192, University Library of Munich, Germany.
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