خلافت راشدہ کے مالیاتی نظام میں مال فئے اور اس کی عصری معنویت
MĀL AL-FAY IN FINANCIAL SYSTEM OF RASHIDUN CALIPHATE AND ITS CONTEMPORARY RELEVANCE
Keywords:
Rashidun Caliphate, Islamic Governance, Economic Justice , Wealth Distribution, Public Treasury (Bayt al-Mal)Abstract
The period of the Rashidun Caliphate (11–40 AH / 632–661 CE) represents the golden era of Islamic governance, where economic justice, social welfare, and moral integrity were harmoniously integrated into state administration. Among the key sources of public revenue during this era was Māl al-Fay’ (wealth acquired without armed conflict) a unique economic institution rooted in the Qur’an and the Sunnah. It was institutionalized to ensure the collective benefit of the Muslim community. This system not only reinforced the concept of social justice but also established a sustainable model of wealth distribution free from exploitation and concentration of wealth. The study of Māl al-Fay’ as an economic source during the Rashidun period, therefore, provides valuable insights into developing a balanced, ethical, and welfare-oriented economic framework in the modern age.
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Copyright (c) 2025 Atta ur Rehman Saddiqi, Dr Manzoor Ahmad (Author)
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