promoting equitable distribution of wealth

‘To give’ is central to Islamic ethics, morality and economy. The affluent are to give to the needy. Those who wielded political and social power as sardars have set their underdogs free. Landlords who commanded millions of acres have made their tenants owners of the holding they tilled. The industrialist who built up economic empires through exploitation of the worker, hoarding, black-marketing has surrendered much of the frozen wealth in favour of the state. He has also given ownership rights of the project to the worker so that in addition to his normal wages he gets profits out of the annual dividends. What has it all led to? It has. created an environment of equitable distribution of wealth. Difference between the rich and-not-so-rich remains but only that much which is essential for running the business of life. Poverty has been completely eradicated. However, it is obvious that no one parted with power and wealth voluntarily. They were made to do so by the mighty agent that brought about the big change. Constitution was amended to abolish feudalism in all possible manifestations and executive force was mobilized to implement the amendment. State of equitable distribution is maintained with the application of Quranic principles of income and expenditure. How incomes are to be earned and how they are to be spent by the individual, the institutions and the state. Adherence to these injunctions does not let the wealth to accumulate beyond a certain limit where it gets frozen. Wealth must circulate. The part of it that becomes dormant is denied to the economy for the purpose of development. The State Bank. Ministries of Economic Affairs, Commerce, Planning and Development pursue such fiscal and monetary policies that create a climate in which all economic activity takes place as per Quranic. directions. The Parliament keeps on amending the Constitution to give it Islamic character, in a progressive manner.