The Impact Of Disbelief On Economy

In another verse, Allah stressed that usury does not bring prosperity to man: Allah obliterates usury but makes charity grow in value! Allah does not love any persistently ungrateful wrongdoer. (Surat al-Baqara: 276)

To improve living standards, stability and order are essential in all domains of social life. This also holds true for the economy. Believers are those who should assume the responsibility of providing solutions. In this respect, nobody has the time to lose waiting for others to take the initiative. That is because Allah gave this responsibility to every believer. To fulfil it, one primarily needs to communicate the religion and the blessings that the religion adds to one's life.

The members of a community having a sincere faith that possessions, unlike usury, spent for the good of people will bring prosperity, will spend the part of their possessions they do not need for a good cause without hesitation. The benefits of such a system are evident to society. However, people should not see such a system as unattainable. The way to prevent this is to teach people the Qur'an.

It is also important to stress that, in the type of social life that is guided by the Qur'an and the Sunnah people strive not only for their own welfare, but for the welfare of the public since the values of Islam demand co-operation, solidarity and unity.

Being prohibited by Allah from doing so, people do not violate one another's rights. No one tries to unlawfully take others' possessions or rights. No one commits fraud in measuring and weighing. In a society living by the Qur'an, injustice is never allowed. Consequently, usury-ridden relations end. The wealthy do not rip off the poor and people do not attempt unlawfully to take other's portions.

In a society where religious values apply, nothing is wasted. People consume but avoid extravagance. Co-operation and justice maintain better living standards and welfare. The Blessed Period of the first community of Islam, an age of welfare when people in general adhered to the Qur'an and the Sunnah, is an explicit example of this fact.