Laws of Consumption - An Economic Construal

Abstract

Consumption is one of the important variables of macro economics.  It is that part of income of a house hold which is not saved.  It plays a vital role in the economy; this is the reason that, Quran has given special emphasis on it and gives some basic laws in this regard.  Quran has warned the human being that your consumption is under observation of God and on the Day of Judgment questions will be asked about that.  Moreover it is also ordered that, do not waste your wealth in any way and consume it in the optimum manner.  In addition gratitude of wealth is also compulsory.  The way of gratitude is the obedience of laws of God. 

Keywords: Quran; Verses, Consumption, Wastage; Obedience.