|
Hyderabad: Highlighting
various socio-economic institutions from the Holy Qur’an, economist Dr Lubna Sarwath explicated that the
socio-economic institutional interpretations from the Qur’an are
meant for the benefit of the humanity.
"Achieving wellbeing and
translating the Qur’anic injunctions to reality for the wellbeing
is more important than using the tag of ‘Islamic’", Dr Lubna
Sarwath said while explaining the Islamic terms and their importance such as Zakat (dues of rich towards poor), Sadaqah (charity),
Infaq (spending), Hisbah (Administration), Shura (Mutual
Consultation), Tijarah (Trade), Riba (taking more than
due), Maslaha (wellbeing).
Dr. Lubna Sarwath,
Ph.D. [Indonesia] and Director of POINTE, who is associated with the Trisakti
University, Jakarta, Indonesia and runs the city-based Shausaa’
Foundation was delivering the keynote lecture session on Islamic Economics.
With the topic as
‘Introductory Lecture on Islamic Economics
– An Institutional Perspective for Inclusive and Universal
Wellbeing’,
the lecture was
organised by POINTE (Platform for Occidental,
oriental and Islamic Networking in studying and Teaching
Economics) on 27th May 2012, at Institute of Public
Enterprise, Osmania University Campus.
Through power
point presentation, Dr Sarwath explained how the law of unity of knowledge is
deduced as the world view from the transcendental concept of
Oneness or Unity of God (Tauhid).
Premising on the episteme
of unity of knowledge, Dr. Sarwath illustrated her categorization
of knowledge and de-knowledge or unified knowledge and de-unified
knowledge.
She defined institutions as a medium for reinforcing
and giving sustainability to an episteme laden policy. She
suggested establishing of Consultative Participatory Institutions (CPIs) which have substance (theme); organizational
form; recursive functional knowledge-building and learning
process, evaluation criteria and self-sustainability as the
characteristics.
"Institutionalizing CPIs would ensure that every
other factor or variable would be represented at each recursive
policy or decision-making process thus generating unified
knowledge. Deunified knowledge formed from institutions without
the CPI characteristics is leading to chaos in the society both
the human and non-human world systems", she said.
Earlier,
opening the
lecture session Shashi Bhushan, General Manager, Institutional
Learning exhorted the Muslim community to study the institutions
practiced by the erstwhile successful Muslim regimes and strive to
be successful rather than be exploited.
He advised
Muslims to use
the injunctions of the Qur’an to establish a judicious economy.
"During
my tenure in the World Bank and in close foundational
association with Al-Khair Co-operative Credit Society, Lucknow and
Sahulat Microfinance Institution, New Delhi, I found that Muslims lacked in academic and vocational qualifications in
spite of having necessary skills and attitude", he said.
He suggested the
Muslim community to adopt and use technology for their upliftment.
|
Comments
|
Quick links