Shah Waliullah’s four basic principles of

economics
• Shah Waliullah has discussed about the four basic principles of
economics; such as Production of wealth, consumption of wealth,
distribution of wealth, exchange of wealth.
The whole nation is participant in the production of wealth, so it
should be distributed in the whole nation. He established the
principles for distribution of wealth among people as well as the
values that how the wealth should be consumed. That economic
system is successful which establishes the principles for these four
branches.

• The first principle is that people living in specific geographic

boundaries has the right over the resources of that area. That
economic system in which all the people are equal no single person
or specific class can get hold of the resources. He has narrated
Hazrat Abu Bakkar Siddique in Aizaalatul Khifa “Equality is better in
economics than giving priority to one group over other.
 Shah Waliullah’s four basic principles of
economics
• Second principle is that everybody has the right to have
limited owner ship as the abilities of every individual are
different. Not that the whole nation should have same
clothing, food and houses.
• Third principle is that any practice which concentrates
wealth in certain hands will not be tolerated and the
system will oppose it.
• Fourth principle is that such a balance should be
maintained in these factors that society develop as a
whole.
Shah waliullah stressed on the creation of a party on
such principles which will end the outmoded system and
built a new system which ensures the development of
society as a whole.
Aligarh Movement

Sir Syed Ahmad Khan