Islam has the Perfect Model to Solve the Economic Problems? w Dr Sohail Hanif

Description

In this episode, Dr. Sohail Hanif discusses the idea of an Islamic economic model, focusing on Zakat as a community-based system of social welfare rather than simply an individual act of charity. The conversation explores how modern societies are struggling with rising living costs, inequality, and pressure on public services, and whether traditional Islamic institutions like Zakat and Waqf can offer alternative ways of supporting communities. Dr. Hanif explains that Zakat, within Islamic sacred law (Sharia), is designed to build social responsibility and strengthen local communities. He highlights how historically Zakat functioned through localized distribution and communal trust, creating systems where communities directly supported those in need. The discussion also touches on Islamic governance, the idea of smaller centralized authority, and how community-led welfare systems could complement modern state structures. The episode reflects on how reviving institutions like Zakat and Waqf could help address inequality while fostering a stronger sense of collective responsibility. Topics Discussed in This Podcast Islamic economic model and social welfare Zakat as a community-based institution Rising inequality and cost-of-living challenges Difference between Zakat as charity vs system Localized Zakat distribution and community trust Private vs public wealth in Zakat collection Privacy and responsibility in Islamic finance Small government in Islamic governance Applying Islamic welfare principles in modern states Waqf as a public welfare institution Community responsibility and social cohesion Local vs global Zakat distribution 💎 Join Our Premium Membership For Exclusive Content 🔐 🌐 https://eonpodcast.com 💰Subscription Fee: Rs 3000/- per month 👤 For Local Subscribers Bank Name: Dubai Islamic Bank Account Name: EON Solutions New Account Number: 0892081001 IBAN NO: PK78DUIB0000000892081001 Please share screenshot of the payment on our WhatsApp: 📱 +92 303 4444 638 https://wa.me/+923034444638 👤For Overseas