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Maqāṣid al-Sharīʿah: Are We Measuring the Immeasurable?

  • Rafi Amir-ud-DinEmail author
Chapter
Part of the Palgrave Studies in Islamic Banking, Finance, and Economics book series (IBFE)

Abstract

Islam takes a broad and encompassing view of human development and asserts the centrality of achieving the Maqāṣid al-Sharīʿah in all human activities. The existing development indices do not completely conform to the normative judgments of Islam regarding the concept of development especially because of their disproportionate emphasis on the material aspect of the development and their disregard for the dimensions which are crucial for the world hereafter. This highlights the need for an index which accommodates the dimensions which are consistent with Maqāṣid al-Sharīʿah. This paper seeks to explore the conception of Maqāṣid al-Sharīʿah as a measurable concept, identifies the indicators relevant to these Maqāṣid and develops a tentative multidimensional index which makes a cross-country comparison within the OIC region.

Keywords

Maqāṣid al-Sharīʿah Human Development Index Human well-being Multidimensional indices 

JEL Classifications

D6 I3 O11 

KAUJIE Classifications

B5 H47 N5 

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Copyright information

© The Author(s) 2019

Authors and Affiliations

  1. 1.International Institute of Islamic EconomicsInternational Islamic UniversityIslamabadPakistan
  2. 2.Department of EconomicsCOMSATS University IslamabadLahorePakistan

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