Charity, Self-sacrifice, Financial Support and their Role in Distributing the Income and Wealth of the Islamic Society

@ Yaqub Jamali / PhD student in Philosophy of Islamic Economics, IKI                                      ya.jamali@chmail.ir

Mohammad Jamal Khalilian Ashkazari / Associate Professor, Department of Economics, IKI

Received: 2020/02/24 - Accepted: 2020/06/25                                                                     m_khalil411@yahoo.com

Abstract

One of the unique features of Islamic economics is charity, self-sacrifice and financial support, which play a very important role in the distribution of wealth and income. Despite their great potential, these matters receive less attention. Explaining their role in the distribution of wealth and income can be very helpful in this regard. Using a descriptive-analytical method, this paper seeks to analyzes the role of charity, self-sacrifice and financial support in distributing the income and wealth of the Islamic society. The findings show that charity, self-sacrifice and financial support have the following effects and blessings, voluntary repayment strengthening the closeness of the people with the Islamic system, economic justice, reducing poverty, economic security, reducing social distance, eliminating unnecessary intermediaries, creating love and intimacy between people, accelerating the emergence of the effects of wealth distribution, wealth distribution, wealth adjustment, adjustment of wealth and income distribution and reducing social problems and difficulties

Keywords: charity, sacrifice, compassion, income and wealth distribution.