معاشی ترقی کا تصور ؛جدید اور اسلامی معاشی معیارات کا تقابلی مطالعہ The Concept of Economic Development: A Comparative Study of Modern and Islamic Economic Standards Section Urdu Literature

Abstract

This comparative study explores the concept of economic development from two distinct perspectives: modern economic standards and Islamic economic principles. In an era marked by globalization and diverse economic ideologies, understanding different approaches to economic development is essential. This research delves into the theoretical foundations and practical implications of both modern and Islamic economic frameworks, shedding light on their similarities, differences, and potential areas of convergence. The study begins by examining the core principles of modern economic development, focusing on concepts such as GDP growth, market capitalism, and globalization. It assesses the strengths and limitations of this approach, considering issues of income inequality, environmental sustainability, and social justice. In contrast, the research also investigates Islamic economic standards, drawing from the teachings of the Quran and Hadith. It explores Islamic finance, Zakat (charitable giving), and the prohibition of usury (Riba), highlighting their significance in promoting economic justice and stability. The study emphasizes the ethical and moral dimensions inherent in Islamic economic principles.By comparing these two perspectives, this research aims to identify common ground and potential synergies between modern economic development and Islamic economic standards. It discusses how integrating ethical considerations and social justice principles from Islamic economics into the modern economic framework could lead to a more inclusive and sustainable approach to development. The findings of this study contribute to the ongoing discourse on economic development by presenting a comprehensive analysis of these two contrasting paradigms. The exploration of potential convergence points offers insights that can inform policymakers, economists, and scholars in their efforts to create more equitable and sustainable economic systems in a rapidly changing global landscape.