Human Capital Development in Islamic Economics -Omor Faruq

Economy

Human resource generally refers to educated, skilled, qualified citizens. We know this idea as the idea given by capitalist economists. But no, this is not a new idea. This idea existed in the teaching of Islam from a long time ago. However, today we will try to find their typical identity, InshAllah.

Conventional forms of human resources:
In conventional terms, human resource refers to skilled and efficient workers who contribute to the economy. Here three aspects are considered important for measuring human resource index. These are: 1. Literacy rate 2. Health 3. Per capita income (standard of living). The aim and objective of all indicators is to improve living standards by increasing per capita income through skill acquisition. Here, more emphasis is placed on the individual level.
Concept of human resources in Islam: Human resources are not discussed separately in Islam. Here the main purpose of life is to acquire various moral qualities along with right belief and to acquire skill in performing worldly tasks. After achieving that, there is nothing left to be a human resource. Rather, it becomes excessive. In Islam, the spiritual side of man is given more importance. Hence the material aspect is not neglected. The path is open for the attainment of all that is good in the world. The only thing left open is the opportunity to acquire the necessary education, training. Rather, the welfare issues are encouraged.
The concept of human resources in Islam is relatively broad, unique and effective. Here more topics of HR are discussed. It includes physical, mental, intellectual and spiritual aspects. Its aim is not only to gain welfare in this world but also to gain welfare in the Hereafter. That is to gain welfare both in this world and in the hereafter. Here individual and social welfare are given equal importance.

Aims and Objectives:
The goals and objectives of human resource development in Islam are broad. In the conventional view only the economic aspect of the individual is seen as the goal. Even the fact that the society is benefited by the individual does not get much importance. Here only some material measurements are relied upon. But Islam prefers the hereafter to this world. Prefers the long term over the short term. Here one tries to attain peace in both the world and the hereafter by acquiring skills and performing various benevolent works. Which is a relatively large goal and objective. This is desirable for every rational and conscientious person.

Human resource development method:
Conventional concepts focus on education, training, health etc. in human resource development. Efforts are made to make the people of these facilities efficient and effective. As a result, the individual can be very efficient and effective but society benefits from him depending on his will and morality. Which is missing in this concept. But in Islam education, training and health as well as morality are given priority. Personal moral development is arranged. Here motivation, interest is provided to enhance the skills, work ethic of the individual. The aspects of human resource

development in Islam are highlighted below:
5. Moral improvement:
Morality is given a lot of importance as a human being. Many dimensions or standards of morality have been defined. Various moral virtues such as honesty, faithfulness, trustworthiness, bravery, altruism, forgiveness etc. are given as strategies for acquiring moral virtues and encouraged to acquire them. These qualities are essential for becoming a human resource. Here lies the main difference between Islamic thought and conventional thought.

2. Education:
Acquiring necessary knowledge is made obligatory in Islam. Rasul s. Said, “Education of religious knowledge is obligatory on every Muslim”. On the other hand, the acquisition of knowledge and the wise are praised. As Allah says, “The wise and the ignorant are not equal” (Al-Qur’an-39:9). It is not limited here, it has been warned that the acquired knowledge should be used for good work. Said, “On the Day of Resurrection everyone will be asked about the knowledge he has acquired and how he has used his knowledge.” (Tirmidhi) Thus the acquisition of knowledge and its application is ensured.

3. Skill acquisition:
Islam encourages skill in any good deed. Skills are appreciated. Usamah bin Zayed (RA) was a slave even though Rasul SAW. He was made a soldier of the Muslim army for his fighting skills.

4. Physical improvement:
Islam’s biggest settlement for body composition is defining the boundaries of halal and haram. Foods that are harmful to the body and mind are forbidden and good foods are made halal. Physical exercise and hard work are encouraged. Apart from this, the strategies of disease treatment, healing and wellness are known from the different working methods of Rasul.

5. Dilligent Work:
Rasulullah SAW advised to do any good deed seriously. The reward varies depending on the intention and dedication of the work. It is declared in Islam that any good deed done by a believer with good intentions and devotion will be rewarded in the Hereafter. Due to these incentives the individual works diligently. As a result, his productivity increases. As the above mentioned techniques become more intelligent, it is possible to increase the efficiency and productivity of the person manifold.
Effectiveness: Islam’s ideas are more comprehensive and realistic than conventional human resource development ideas. So it is more effective. Actions taken according to conventional wisdom are external efforts. It is less effective as it does not have mental or spiritual application. But the idea of Islam is not only to take external steps but also to inspire mentally or spiritually. We can learn wise strategies from the actions of the Prophet. As a result it becomes easier to achieve success. Here not only the welfare of the world is considered. The welfare of the hereafter is considered. As a result, the scope of profit increases. People’s motivation to work increases. It leads to overall development of the individual.
In the end, it can be said that the goal of human resources in the conventional sense is economic growth, while in the sense of Islam, it is to make life beautiful and auspicious by achieving overall welfare so that it can serve the society more. Through this one can get peace in the life of this world and liberation in the hereafter. So it can be said that the concept of Islam is much more effective, comprehensive and masterful or wise than the conventional concept of human resource development. So it is good.
The author is a student of Economics, University of Dhaka.