Economic system of Islam

IDEALS AND OBJECTIVES OF ISLAMIC ECONOMICS The fundamental pnnciples of Islamic society are 'not like asceticism in Islam' The Quran announces the total suspension of worldly life and its legitimate enjomment as undesirable "But as for monastic asceticism, we did not enjoin it upon them, they invented it themselves out of a desire for God's goodly acceptance But then, they did not observe as it ought to have been observed (Quran, LVII 27) Exaggerated denial of any value in the life of this world is not a natural human approach It is mimical to man's instincts, no heavenly faith has ever approved of this practice In the eyes of Islam those adopting physical mortification, social renunciation, selfdenial and monastic life stand condemned and disapproved of as 'iniquitous' "Then, We sent after them Our Messengers and We sent' Isa (Jesus)-son of Mary am (Mary), and gave him the Injeel (Gospel) And We ordained in the hearts of those who followed him compassion and mercy But the monasticism which they invented for themselves, We did not prescribe for them, but (they sought it) only to please Allah therewith, but they did not observe it With the right obsence So We gave those among them who believed their (due) reward, but many of them are Fasiqun (rebellious, disobedient to Allah)" (Quran, LVII 27) To escape life in a bid to overcome economic hardships is totally an unnatural solution It amounts to declanng war against nature, leading to the point of life shattering disaster,