Jurisprudential Rule of Moderation

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Abstract

Today, there are three approaches dealing with economic problems: freedom in consumption, inappropriate strictness, and the third approach which is in accordance with the divine innate human or path of righteousness. This article aims to verify the efficiency of the third approach. The "rule of moderation", in terms of the resources specimens, is a modern topic in economics. The research method in this study is using the dynamic and traditional jurisprudence. The criterion for "the middle way" has been determined and its efficiency in economics has been studied. In addition, the role of this rule in economic stability has been examined according to the primary sources of jurisprudence, law and economy. The content of this principle is based on Islamic texts, although there is no such term used explicitly in these references.
JEL Classification: K10, K12, K21

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