Economic Stability in the Context of the Muwakhat-e-Madina: Importance and Uses in the Modern Era

Abstract

Economic stability is the basis of the development, peace, high moral values, and success of any society. In the modern era, economic inequality, poverty problems, moral decline, the demands of the modern world, and the race for abundance are hot topics to discuss. Efforts are being made at the global and national levels to solve these problems and create a peaceful society. So that the rate of failure in the race of fast-paced life and development can be minimized. Most of the measures have been successful in producing positive results, but research on the drivers of significant and complementary results is still ongoing. Where Islamic teachings, and especially the Seerat-e-Tayyaba, offer a comprehensive and practical model for solving the problems of every field of life, the Seerat-e-Muhammadiyah, like other fields, offers a lifestyle with permanent and positive results, the long lasting results of which are acknowledged in the human world.  In the context of the fastest, strongest and long lasting results of economic stability, we present the example of Muwakhat-e-Madina and its social effects, in which people of two different civilizations, simply by joining a relationship of brotherhood, achieved a strong economy, political stability, religious tolerance, social balance, mental and intellectual training. This article will provide a solution to the serious problem of economic instability of the present era in the context of the Seerat-e-Tayyaba at the level of local leadership and will prove to be a precursor to future research expansion. The suggestions presented in the article will provide new research topics on the solution of economic problems at the local level, the solution of economic and mental stress, peaceful coexistence, social security and prosperity and the Islamic principles of brotherhood.