Social security system in Islam

Submitted by Anonymous (not verified) on Thu, 08/22/2019 - 16:08
Year
1982
Country
Saudi Arabia
Language
English
Abstract

Western and Islamic societies have modern social security systems and certain means of dispensing benefits. The ultimate aim of all societies is to maintain a stable and viable social security system for the community's populace. Social security, capitalism, socialism, and social security in Islam are topics of note. The private and public sectors in an Islamic society have roles in the social security framework. Some institutions need to be set up to make the Islamic approach work. The social security fund in an Islamic state draws capital from waqf , zaka , ushr (tithe), khums (a fifth of the spoils of war), mines and treasure troves (a fifth of each), estates of the deceased, and Dharaeb (emergency taxes). Because of its concern for material and spiritual good, the Islamic social security system will eventually be implemented even by those societies that reject Islam.

English
No. of Pages
pp.35-39
Number
6
Volume
9
Select type of work
Name of the Journal
CIS Program Old
CIS publications
No
CIS Thesis
No