Book Review: Towards a Maqasid al-Shariah Index of Socio-Economic Development; Theory and Application
DOI:
https://doi.org/10.58968/msr.v3i1.661Keywords:
Maqasid al-Shariah, Development Index, Well-being, Islamic Development, Moral EconomyAbstract
The book Towards a Maqasid al-Shariah Index of Socio-Economic Development, edited by Salman Syed Ali, offers a new paradigm in measuring development based on the principles of Maqasid al-Shariah. This approach challenges the dominance of materialistic indicators like GDP by offering a comprehensive measure of human well-being, encompassing spiritual, moral, and social dimensions. The book introduces two main methodological approaches—the achievement approach and the deprivation approach—and proposes the Maqasid al-Shariah Index (MSI) as an alternative development index. Research across chapters demonstrates that integrating Islamic values can enrich development theory and lead to more just and sustainable economic policies.
References
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