Application of the Shari'ah approach to multi-dimensional poverty reduction


M.Com. (Economics and Econometrics)Poverty is a multi-dimensional problem that requires a solution that is both multi-dimensional and systematic. The research contained in this dissertation is important because it explores the Shari’ah approach to multi-dimensional poverty reduction as a more suitable alternative to the conventional, uni-dimensional approaches to poverty reduction, especially from a theoretical perspective. The main argument presented in this dissertation is that the theoretical Shari’ah approach to poverty reduction provides a more detailed framework than the conventional uni-dimensional approach for addressing the various dimensions of poverty and their interrelationships under secular conditions. The study was based on a non-empirical, critical analysis of the available literature. The motive for addressing the problem in this manner was because a truly comprehensive conceptual framework surrounding the Shari’ah approach did not truly exist prior to this study. The first of two important conclusions reached in this study are that Shari’ah could theoretically assist with offering a holistic and systemic theoretical framework..

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