ECONOMICS
CONSUMERS
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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He makes savings as gold and other jewels.
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He makes a demonstration for consumption
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He spends all consumption to his needs without limit
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He spends at first for his consumption to satisfy his needs
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Detailed explanation-1: -The goal of consumption in an Islamic framework is not to gain personal wants satisfaction per se, as such effort would be a waste of time and meaningless. The goal instead, is to direct the consumption in achieving the individual and social wellbeing (maslahah) and the higher purpose of achieving God’s pleasure.
Detailed explanation-2: -Why a man will get zero reward while he is consuming legitimate things? He has no conscious intentions regarding his consumption. He is ready to refrain from consuming anything that God prohibits. He is sharing some of his consumption with others example by paying zakah.
Detailed explanation-3: -Islamic ethics in consumer behavior includes moderation, contentment, toler-ance, good treatment, loyalty, avoidance of waste, extravagance, luxurious life, and other traits that Islam prohibited.
Detailed explanation-4: -The goal of consumption in an Islamic framework is not to gain personal wants satisfaction per se, as such effort would be a waste of time and meaningless. The goal instead, is to direct the consumption in achieving the individual and social wellbeing (maṣlaḥah) and the higher purpose of achieving God’s pleasure.