ISLAMIC WELFARE SYSTEM AN ALTERNATIVE SOLUTION TO THE CONTEMPORARY ECONOMIC PROBLEMS IN NORTHERN NIGERIA

Abstract

The democratic system of governance in Nigeria is characterised by a capitalist economy, leading to exploitation and socio-economic inequalities among the people of the country. This has resulted in insecurity, hardship and poor public infrastructure. An Islamic welfare system principle signifies fostering good life, alleviating hardship and ensuring freedom from moral and social corruption. This research adopts the thematic analysis to bring forth the concepts in the topic. It also compared the Islamic Nisab for Zakkah with the current earning range of the average Northern Nigerian. The study reveals the poverty and hardship level of the people especially in meeting up with daily requirements/ needs. Finally the paper highlights the need for improved policies and services to improve the quality of life of the people in Nigeria