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An Analytical & Critical Review of G.A. Parwez’s Rububiyyah Order

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  • Farooq Aziz
  • Farooq Aziz

    () (Federal Urdu University Gulshan-e-Iqbal Campus, Karachi,
    Indus Institute of Higher Education (IIHE) karachi Pakistan,)

Abstract

As an modernist Muslim thinker the name of G. A. Parwez is well known in the literary circle. But whereas his thoughts are concerned a lot of contentions are with him. The same situation is with his economic ideas, which have significant difference from the traditional approach. He has presented his economic thought under the name of Rububiyyah Order. At least in the Sub-Continent it is a first well organized literary effort to present Islamic economic system on socialist lines. In his book Rububiyyah Order he has given outline of this system and with that, in his other books he has highlighted the characteristics of this system. But unfortunately there are many basic flaws in his theory and its practical implementations, e.g. extra ordinary emphasis on donation, negation of the concept of private ownership, hypothesis of equal wages regardless of education & experience, exceptionally heavy load on government and absence of practical mechanism of working of this order are those factors which infect left no room for its theoretical importance and practical implementation.

Suggested Citation

  • Farooq Aziz & Farooq Aziz, 2008. "An Analytical & Critical Review of G.A. Parwez’s Rububiyyah Order," Indus Journal of Management & Social Science (IJMSS), Department of Business Administration, vol. 2(2), pages 110-118, December.
  • Handle: RePEc:iih:journl:v:2:y:2008:i:2:p:110-118
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    File URL: http://indus.edu.pk/RePEc/iih/journl/3-AnAnalytical&CriticalReviewofGAParwezsRububiyyahOrder.pdf
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    More about this item

    Keywords

    Rububiyyah Order; Traditional Approach; Hypothesis of Equal Wages;

    JEL classification:

    • C14 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods and Methodology: General - - - Semiparametric and Nonparametric Methods: General
    • C80 - Mathematical and Quantitative Methods - - Data Collection and Data Estimation Methodology; Computer Programs - - - General
    • D62 - Microeconomics - - Welfare Economics - - - Externalities
    • R40 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Transportation Economics - - - General

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