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‘Israf’, Economic Waste

In: The Foundations of Islamic Political Economy

Author

Listed:
  • Masudul Alam Choudhury

    (University College of Cape Breton)

  • Uzir Abdul Malik

    (Universiti Kebangsaan Malaysia)

Abstract

The Quranic meaning of the term ‘israf’ is waste due to wanton consumption and production. A verse in the Quran strictly prohibiting waste goes as follows: But squander not [your wealth] In the manner of a spendthrift. Verily spendtrifts are brothers Of the Evil Ones; And the Evil One Is to his Lord [Himself] Ungrateful. (S. XVII, vss 26, 27)

Suggested Citation

  • Masudul Alam Choudhury & Uzir Abdul Malik, 1992. "‘Israf’, Economic Waste," Palgrave Macmillan Books, in: The Foundations of Islamic Political Economy, chapter 6, pages 201-252, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-1-349-21973-5_6
    DOI: 10.1007/978-1-349-21973-5_6
    as

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