Arabic (مصلحة عامة) for public good or public benefit or public interest. According to shari’ah, all economic activities should take into consideration an important part of maqasid al-shari’ah (مقاصد الشريعة), i.e., attainment and protection of the interests of the broader community or ummah at large. For example, profit maximization (which reflects maslahah khassah– private interest) must be subject to the interests of society such as production of society’s basic needs, job creation, economic development, etc. Maslahah ‘ammah considers the have-nots (the poor and underprivileged people).
June 17, 2023
