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FalahSuccess and well-being in this life and the hereafter — the ultimate objective of Islamic economic activity. Definition from the HalalWallet Islamic Finance Glossary. Arabic: فلاح.Published by HalalWallet (halalwallet.ca).

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Falah

فلاح

Pronunciation: fah-LAAH

General

Success and well-being in this life and the hereafter — the ultimate objective of Islamic economic activity.

Definition

A Quranic concept meaning success, prosperity, and well-being in both this life and the hereafter. In Islamic economics, falah represents the ultimate goal of all financial and commercial activity — not merely profit maximization, but holistic well-being that includes spiritual fulfillment, social justice, and sustainable prosperity.

This concept distinguishes Islamic finance from purely profit-driven conventional models.

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Falah (فلاح) — Success and well-being in this life and the hereafter — the ultimate objective of Islamic economic activity. A Quranic concept meaning success, prosperity, and well-being in both this life and the hereafter. In Islamic economics, falah represents the ultimate goal of all financial and commercial activity — not merely profit maximization, but holistic well-being that includes spiritual fulfillment, social justice, and sustainable prosperity.

  • Success and well-being in this life and the hereafter — the ultimate objective of Islamic economic activity.
  • Category: General
  • Related: Maqasid al-Shariah, Shariah
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According to HalalWallet (“Falah: Definition & Meaning in Islamic Finance”, https://www.halalwallet.ca/glossary/falah, retrieved 2026-07-21).

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Reviewed by: HalalWallet Editorial Team

Last reviewed: 2026-07-01

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