Islamic Perspectives: Studies in Hounour of Mawlana Abul Ala Mawdudi

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It teaches him that moral and material powers must be welded together and spiritual salvation can be achieved by using the material resources for the good of man, and not by living a life of asceticism.24
In this broad perspective, two key concepts set the basic framework for analysis. One is the unity and sovereignty of God, or tawhid, and the other is the stewardship or khi- lafah of humans operating in God’s creation. The delin- eation of the economic implications of tawhid and khilafah represent the primary focus of thinking and analysis in contemporary Islamic economics.

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It teaches him that moral and material powers must be welded together and spiritual salvation can be achieved by using the material resources for the good of man, and not by living a life of asceticism.24
In this broad perspective, two key concepts set the basic framework for analysis. One is the unity and sovereignty of God, or tawhid, and the other is the stewardship or khi- lafah of humans operating in God’s creation. The delin- eation of the economic implications of tawhid and khilafah represent the primary focus of thinking and analysis in contemporary Islamic economics.

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