Islamic Economics and Finance
Routledge International Studies in Money and Banking, 2003
Islamic economics is a comprehensive and independent economic theory which defines economic princ... more Islamic economics is a comprehensive and independent economic theory which defines economic principles in accordance with Islamic law and taking into account, all aspects of human life: the spiritual, material, social and political aspects et cetera. Just like many other economic systems, the Shari'ah aspires to attain economic ideals such as efficient and equitable use of resources, full employment and satisfaction of basic human needs such as food, shelter and clothing. However, it differs fundamentally from man-made laws in defining the economic problem by adding a moral and religious dimension as part and parcel of the problem. In fact, whereas, the conventional economic systems are based on principles such as scarcity, self-interest, opportunity, cost-benefit and free functioning, Islam on the contrary allows human beings to exploit the world's resources to the best of their ability in a spirit of justice and brotherhood towards human beings and putting in consideration that profit should not be earned to the detriment of the environment. All these are addressed in the different topics of this book .
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Books by مولد مكوخا
Just like many other economic systems, the Shari'ah aspires to attain economic ideals such as efficient and equitable use of resources, full employment and satisfaction of basic human needs such as food, shelter and clothing. However, it differs fundamentally from man-made laws in defining the economic problem by adding a moral and religious dimension as part and parcel of the problem.
In fact, whereas, the conventional economic systems are based on principles such as scarcity, self-interest, opportunity, cost-benefit and free functioning, Islam on the contrary allows human beings to exploit the world's resources to the best of their ability in a spirit of justice and brotherhood towards human beings and putting in consideration that profit should not be earned to the detriment of the environment. All these are addressed in the different topics of this book .
Papers by مولد مكوخا
Just like many other economic systems, the Shari'ah aspires to attain economic ideals such as efficient and equitable use of resources, full employment and satisfaction of basic human needs such as food, shelter and clothing. However, it differs fundamentally from man-made laws in defining the economic problem by adding a moral and religious dimension as part and parcel of the problem.
In fact, whereas, the conventional economic systems are based on principles such as scarcity, self-interest, opportunity, cost-benefit and free functioning, Islam on the contrary allows human beings to exploit the world's resources to the best of their ability in a spirit of justice and brotherhood towards human beings and putting in consideration that profit should not be earned to the detriment of the environment. All these are addressed in the different topics of this book .