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Zakat, Waqf, and Wealth Redistribution: Can Islamic Economic Institutions Address Modern Inequality?

Kevin Barrett, for Crescent International Economic inequality is a perennial problem. Throughout the history of civilization, elites have wallowed in unearned luxury, while masses of people struggled, suffered, and sometimes starved. The Qur’an makes it clear that inequality is a spiritual problem as well as a material one. Greed, arrogance, and hoarding (Shuhh, شُحّ)—not just faulty institutions—are core causes of…

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