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The article states that Islam has a specific egalitarian inheritance system. It means that following the peculiarities of this system, there is no place for primogeniture (Chapra 850). Originally, it served the needs of feudalism to guarantee the continuation of power patterns and the correct functioning of the vassal system (Chapra 851). However, the decline of this system implied the reduced importance of primogeniture, which was saved only in ruling families (Chapra 851). The transformation of feudal property relations into capitalistic property relations also influenced this institution (850). For this reason, in Europe and America, this concept played a serious role, while in Japan and East Asia, it was less significant.
Other discussed concepts include juridical entry and limited liability. The Quran did not introduce specific definitions and recommendations. For this reason, the major principle of Islamic jurisprudence is that everything which is not prohibited can be allowed (Chapra 852). It gives much space for the growth of institutions that might be needed to stimulate the development of a particular issue. A similar idea can be applied to property rights, which were organized following the basic teachings (Chapra 852). Insecure property rights became a barrier to the successful transformation of a state and the industrial revolution.
Finally, there is a unique idea of WAAF which emerged in the Muslim world. Its roots are traced back to the early days of Islam, and it served as the basis for the formation of numerous communities (Chapra 853). It included many social services, such as education, health, science, mosques, or other things necessary for the survival of the community (Chapra 853). However, it demanded effective management; otherwise, the lack of supervision resulted in corruption and misappropriation of WAAF properties. From the historical and social perspectives, it was a successful decision to create the basis for the future rise of the area (Alagha 181). In such a way, this concept was unique to the Islamic world and helped communities to survive.
Work Cited
Alagha, Joseph. Ibn Khaldun: A Sociology of History. International Sociology, vol. 32, no. 2, 2017, pp. 180188. Web.
Chapra, M. Umer. Ibn Khalduns Theory of Development: Does It Help Explain the Low Performance of the Present-Day Muslim World? Journal of Behavioral and Experimental Economics, vol. 37, no. 2, 2008, pp. 836-863.
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