دورِ نبوی ﷺ کی معاشی پالیسیاں اور عصری اطلاقات: تجزیاتی مطالعہ

Abstract

This research explores the economic policies implemented by Prophet Muhammad (PBUH) in addressing major economic challenges of his time, including poverty, income inequality, inflation, and market instability. The study highlights the Prophet’s (PBUH) strategies in restoring balance within society through a just distribution of wealth and income, his policy of regulating markets while safeguarding economic freedom, and his practical measures in controlling inflation and rising prices. The significance of this research lies in its attempt to connect Prophetic economic guidance with contemporary challenges, demonstrating that his policies embody both religious and worldly wisdom, making them relevant for modern economies.

The central research question addressed is how the Prophet’s (PBUH) economic strategies can provide solutions for today’s socio-economic crises. The objectives include: (1) analyzing the Prophet’s (PBUH) approach to market regulation and freedom of trade, (2) assessing his methods for alleviating poverty without burdening the wealthy, (3) understanding his developmental policies during crises, and (4) deriving applicable lessons for contemporary economic systems.

The findings reveal that the Prophet’s (PBUH) policies were centered on empowering the poor through the creation of new resources rather than redistributing the wealth of the rich, maintaining equilibrium in market forces without disrupting supply-demand mechanisms, and curbing inflation by managing aggregate demand, expenditure, and production costs. Based on these insights, the study recommends: (1) greater academic focus on Prophetic economic policies as both a religious and practical framework, (2) adopting a model of economic freedom regulated by Shariah principles, (3) utilizing crises as opportunities for economic development, and (4) applying the Prophet’s (PBUH) inflation-control mechanisms to modern economies.

Ultimately, the research concludes that the Prophetic economic model offers a holistic, ethical, and sustainable framework that remains highly applicable to addressing contemporary global economic challenges.