ANALYSIS OF THE SANCTITY OF ILLEGALLY EARNED INCOME IN THE LIGHT OF ISLAMIC EDUCATION

Abstract

Earning is a basic need for a successful and peaceful society. The term “Halal” (lawful), in general, encompasses all aspects of economics in Islam. For Muslims, halal earning is indispensable for various reasons. First and foremost because it is mandated by Allah the Almighty. It is also one of the central factors for an act of worship to be accepted by Him. In addition, halal earning undeniably greatly impacts on overall economic growth allocating economic resources efficiently and eradicating the damaging socio-economic ills in a society such as enormous disparities of opportunity, inequality of income, intergenerational mobility, and unjust income distribution.