Surah Al-Qalam and the Tragedy of the Commons

This paper examines Surah Al-Qalam (Chapter of the Pen) from the Qur’an, highlighting its economic and ethical implications through the lens of the ‘Tragedy of the Garden’ narrative (verses 17–32). The paper challenges traditional Tafsir interpretations and draws parallels with Garrett Hardin’s ‘Tragedy of the Commons’. Employing the Qur’anic exegesis method Tafsir-ul-Qur’an bil-Qur’an, the paper derives authentic Islamic principles such as stakeholder inclusion, sustainability, self-restraint, social responsibility, and cooperation over shared resources. The paper additionally explores contemporary applications of the Surah, including environmental conservation, public resource management, and sustainable corporate governance. By integrating modern concepts like game theory and stakeholder theory, the study demonstrates how Qur’anic principles can address current challenges, urging a re-evaluation of classical interpretations to unlock the Qur’an’s potential for advancing Islamic economic thought.

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Publication Details

Journal
Journal of Economics Law and Society
Published
2024-12-30
DOI
https://doi.org/10.70009/jels.2024.1.2.2
Primary Topic
Islamic Finance and Banking Studies
Type
article
Field-Weighted Citation Impact
0.00
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article

Surah Al-Qalam and the Tragedy of the Commons

Howell A. Lloyd
Journal of Economics Law and Society
Islamic Finance and Banking Studies
article

Surah Al-Qalam and the Tragedy of the Commons

Howell A. Lloyd
article en

Abstract

This paper examines Surah Al-Qalam (Chapter of the Pen) from the Qur’an, highlighting its economic and ethical implications through the lens of the ‘Tragedy of the Garden’ narrative (verses 17–32). The paper challenges traditional Tafsir interpretations and draws parallels with Garrett Hardin’s ‘Tragedy of the Commons’. Employing the Qur’anic exegesis method Tafsir-ul-Qur’an bil-Qur’an, the paper derives authentic Islamic principles such as stakeholder inclusion, sustainability, self-restraint, social responsibility, and cooperation over shared resources. The paper additionally explores contemporary applications of the Surah, including environmental conservation, public resource management, and sustainable corporate governance. By integrating modern concepts like game theory and stakeholder theory, the study demonstrates how Qur’anic principles can address current challenges, urging a re-evaluation of classical interpretations to unlock the Qur’an’s potential for advancing Islamic economic thought.

Journal of Economics Law and SocietyVol. 1(2)
University of Leeds (GB)
Reduced inequalities
Openalex Percentile: Top 59%
Islamic Finance and Banking Studies
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