Abstract:
One of the major determinant factors for fortune-making, meaningful advancement, and financial development of a person lies in their benevolent activities. Spending is a social act voluntarily done by every meaningful, humble, and pious individual for the redistribution and circulation of wealth amongst the poor masses of their state or geographical location, purposely done for welfare assistance, humanitarian upliftment, poverty alleviation, and the social well-being of their fellow citizens. To this end, as an empirical and conceptual study of mixed-method research with a detailed hypothesis, the paper outlines the history, classifications, and theory of money. It explains in depth the Islamic viewpoints on money vis-à-vis its spending methodologies. The paper adopts both quantitative and qualitative research methods to examine the Islamic approach towards spending money for gaining more fortunes. The article, however, analytically examines the concepts of money from the conventional and Islamic outlooks. Finally, the study evaluates all the reviewed literature gathered from libraries, ranging from Islamically available classical books, blended with Internet findings and some other contemporary scholars’ works (modern books) on the subject matter, and then suggests a direction for future researchers on the Islamic guide towards money-spending behaviors that guarantee gaining more of the divine fortunes.
Keywords: Shari‘ah, Money, Spending, Fortune, Evolution, Barter, Fiat
DOI: www.doi.org/10.36349/tjllc.2025.v04i02.014
author/BABAMOLE, Murtadah Shu‘aib
journal/Tasambo JLLC 4(2) | July 2025 |
