Islamic Moral System in the perspective of Millennium Development Goals

Abstract

Societies are changing so do the world. The world is in transition period and whenever there is transit some changes comes out with its positive or negative implications. In developing economy, mostly trial and error technique is been using for financing development among poor with the hope of selecting right option or strategies for achieving development objectives. This is with a view to properly connecting resources in the best possible manner for the empowerment of the poor and their development. The situation has become appropriate with the materialization and worldwide agreement of the Millennium Development Goals in September 2000. The goals are destined to achieve three basic things; Poverty Eradication, Healthcare Provision and Environmental Sustainability together in the developed and developing countries. Author has raised the issues in this paper whether “The Islamic moral system can achieve the first goal of MDGs i.e., Eradicate extreme poverty or hunger?” This paper concludes Islamic moral system is more a “way of life” than a mere religion. In a nutshell, it teaches how a believer has to oblige to the commitment to his faith. Zakah is to help peoples out of their earning. For every Muslim individual it is the duty to help mankind by way of providing 2.5% share of Zakah out of his income. Secondary data have been used to gain knowledge about teachings of Islam and how they can be practiced in order to manage Zakah effectively.