The Role of Islamic Economic System in Tackling Poverty in a Society

Poverty is regarded as a weapon of mass destruction in a society. It is also a major causes of social, Religious and political conflicts. It is pertinent to note that the conventional western base economic system has failed and the world is moving forward looking out for a strong and reliable system that will stand the taste of time. The west over a decade ago has suffered a lot on the issue of financial meltdown which resulted into objected poverty. This therefore is what prompted the research to examine the role of Islamic system in alleviating poverty in the society. The study use contest analysis in analyzing the data and the corpses is the Qur’an and Hadith of the prophet (S.A.W). The also find out that the existed economy system totally failed and there is need for remedy.