Criteria and bases for determining wages in Islamic economic thought and its economic effects on distribution and achieving social security

• Main Authors: Rosman, Arieff Salleh, Wael Abdalla Ibrahim Sarhan, Wael Abdalla Ibrahim Sarhan
• Format: Article
• Language: English
• Published: ASR Research India 2022
• Subjects: BL Religion
• Online Access: http://eprints.utm.my/104165/1/WaelAbdullahIbrahimSarhanArieffSallehRosman2022_Criteria%20and%20BasesforDeterminingWages.pdf; http://eprints.utm.my/104165/; https://journalppw.com/index.php/jpsp/article/view/7537

The importance of the study is based on the importance of criteria for determining wages in Islamic economic thought and its economic effects on distribution to achieve social security, and then identifying the provisions of work and wages in Islam and in man-made systems and clarifying the rules and provisions that regulate the relationship between workers and business owners in the light of highlighting the practical application of Islamic principles in The system of work and wages through theoretical foundations and realistic practices that confirm the supremacy of the Islamic view of both sides of the relationship, and clarify the strengths of the Islamic economic system compared to other systems that depend in their distribution of wealth on the basis that need is an exception and this is evident in the capitalist system. As for the socialist system, the distribution of wealth is based on preventing the individual from owning capitalist production factors. The study also aimed to measure the relationship between low wages and low productivity and to clarify the role of determining the appropriate wage in achieving stability for workers and establishments, with an explanation of the impact of mastering work on achieving development and progress for nations. The study assumed many hypotheses, the most important of which include the existence of significant statistically significant differences between the opinions of the study sample’s vocabulary with regard to measuring the criteria for determining wages due to their personal and functional characteristics at the level of significance ((α ≤ 0.05), and that there is a significant effect of the extent of low wages on the low level Productivity in Islamic economic thought at the level of significance ((α≤0.05). The study used the deductive approach to study the jurisprudential rulings. As for the applied approach, it is based on studying the wage system and its economic dimensions through labor market transactions, and then adherence to the scientific method. Which you will answer about. The study deals with the main question, which is: "What are the determinants of the distribution of wages in Islamic economic thought in light of the economic implications of that?"