The Ethical Framework of Sustainable Economic Development in Islam: Insights from the Seerah of Prophet Muhammadﷺ

Abstract

Islamic principles of sustainable economic development are deeply rooted in the teachings of the Qur'an and the Sunnah of Prophet Muhammad ﷺ. These principles promote the fair and wise use of resources, ensuring that economic activities benefit present and future generations while preserving the integrity of the environment and ensuring social justice. The fair and wise use of resources is a fundamental ethical principle in Islam. The Prophet ﷺ emphasized not only the ethical use of natural resources, but also set practical examples of moderation, justice, and responsibility in all aspects of life. His actions and sayings provide a framework for Muslims to approach financial, natural, and human resources in a blanched and just manner. Drawing from his seerah, key principles emerge as faith in Allah social & economic Justice, avoiding waste and distribution of wealth etc. This paper explores these Islamic principles in the context of sustainable economic development under the guidance of the Seerah of Prophet Muhammad ﷺ.