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Islam and Economics

Islam and Economics PDF Author: Ali Salman
Publisher: Acton Institute
ISBN: 9781880595466
Category :
Languages : en
Pages : 160

Book Description
This primer is an introductory text to rediscover the principles of commerce and economics revealed in the Qur'an, espoused by the Sunnah (practices of the Prophet Muhammad), and understood by the jurists. Islam offers three moral principles of economic organization: ownership, wealth creation, and wealth circulation. Based on these principles, Islam and Economics derives a framework of operational institutional tenents for the economic organization of a society. It addresses all important business, policy, and equity issues that any economic system should resolve and broadens the discussion on the modern discipline of "Islamic economics."

Islam and Economics

Islam and Economics PDF Author: Ali Salman
Publisher: Acton Institute
ISBN: 9781880595466
Category :
Languages : en
Pages : 160

Book Description
This primer is an introductory text to rediscover the principles of commerce and economics revealed in the Qur'an, espoused by the Sunnah (practices of the Prophet Muhammad), and understood by the jurists. Islam offers three moral principles of economic organization: ownership, wealth creation, and wealth circulation. Based on these principles, Islam and Economics derives a framework of operational institutional tenents for the economic organization of a society. It addresses all important business, policy, and equity issues that any economic system should resolve and broadens the discussion on the modern discipline of "Islamic economics."

Introduction to Islamic Economics

Introduction to Islamic Economics PDF Author: Hossein Askari
Publisher: John Wiley & Sons
ISBN: 1118732960
Category : Business & Economics
Languages : en
Pages : 416

Book Description
Gain deeper insight into the principles and theory of Islamic economics Introduction to Islamic Economics: Theory and Application provides an overview of the organizing principles and fundamentals of an Islamic economy. With deep discussion of the characteristics, rationale, key institutions, objectives, and instruments at work, the book addresses the core economic principles underlying a system based on the foundational teachings of Islam, and examines the implications for economic policies. Social welfare, economic justice, market functionality, efficiency, and equity are explored from an Islamic perspective, and the role and instruments of fiscal and monetary policy in Islamic systems are used to illustrate contemporary applications. Universities around the globe are offering courses on Islamic economics and finance, but despite the industry's rapid growth, most research has been focused on the financial principles rather than underlying economic principles. The first book of its kind, Introduction to Islamic Economics brings all the key concepts together into one reference volume. By outlining the ways in which Islamic finance and Islamic economics interrelate, this book can help readers to: Develop an understanding of the Islamic economic system and its institutional scaffolding Differentiate between the major characteristics of the dominant conventional economy and one based on the fundamental sources of Islam Understand the conditions that must be met for a just, well-balanced, stable, and growing economy Clarify the role of State, public policy, and risk-sharing in the Islamic financial system The Islamic financial system is expanding quickly, and those looking to increase their relevance in a changing economic landscape must get up to speed. Introduction to Islamic Economics provides a comprehensive overview of underlying economic system offering a deeper understanding of the feature of the system. This book is an excellent complement to Introduction to Islamic Finance, 2E by Iqbal and Mirakhor.

Islam, Economics, and Society (RLE Politics of Islam)

Islam, Economics, and Society (RLE Politics of Islam) PDF Author: Syed Nawab Haider Naqvi
Publisher: Routledge
ISBN: 1134609426
Category : Reference
Languages : en
Pages : 178

Book Description
The Islamic perception of the socio-economic process is dynamic and its insistence on social justice is uncompromising. To produce the best social structure, according to this view, man’s economic endeavours should be motivated by a meaningful moral philosophy. In the face of the challenges presented by the modern world, the practice of Islamic economics raises many complex and profound issues. These are addressed in this highly important work, which must be considered essential reading for all those who live in the vision of the ‘right’. First published in 1994.

Islam and Economic Policy

Islam and Economic Policy PDF Author: Rodney Wilson
Publisher: Edinburgh University Press
ISBN: 0748683895
Category : Religion
Languages : en
Pages : 224

Book Description
This textbook looks at the impact of Islamic teaching on public economic policy and asks how Islamic economics differs from mainstream micro and macroeconomics.

The Economic System of the Early Islamic Period

The Economic System of the Early Islamic Period PDF Author: Seyed Kazem Sadr
Publisher: Springer
ISBN: 1137507330
Category : Political Science
Languages : en
Pages : 311

Book Description
This book provides an economic analysis of the earliest Islamic society, focusing on the policies of the Messenger of Islam (Sawa) and his successors during the first four formative decades of Islam. Two institutions of great importance – the market and the public treasury (Baitul Mal) – and their roles in the development of the private and public sectors are particularly emphasized in this study. The first part of the book is devoted to the economic and cultural dimensions of life in the Arabian Peninsula during the pre-Islamic period, including an analysis of trade and financial relationships with the Roman and Persian economies; the challenges faced by the Messenger’s mission and the economic policies of the Messenger after the migration to Madinah are also examined in detail. The author then moves on to a devoted analysis of the nature and functions of the public treasury, its revenues and expenditures, as well as financial and fiscal policies. Also examined is the role of the public sector in maintaining equilibrium in the financial and real sectors, as well as in promoting economic growth and employment. Analysis of the institution of the market, its characteristics, and its functions during the earliest Islamic period constitutes the third section of the book. The behaviors of consumers, producers, and investors in an economy without an interest rate mechanism are also addressed here. The final section investigates the fundamental objective of Islam for human societies – that is, justice – within the context of discussions in earlier parts of the book. The author uses historical economic data, facts, and evidences that are reported from the period, both prior to and after the establishment of the Islamic State, to explore the economic relations, policies, and models that were in practice and applied at that time.

The Principles of Islamic Political Economy

The Principles of Islamic Political Economy PDF Author: Masudul Alam Choudhury
Publisher: Springer
ISBN: 1349224391
Category : Business & Economics
Languages : en
Pages : 306

Book Description
This book examines the methodological development of the principles of Islamic political economy in its theoretical and applied aspects. This is carried out in a general equilibrium framework using the theory of social choice. Thus a comparative study is also undertaken here in these areas while developing the theory of Islamic political economy. In these respects this book appears to be the first one of its kind.

Islamic Economic Alternatives

Islamic Economic Alternatives PDF Author: K.S. Jomo
Publisher: Springer
ISBN: 1349122874
Category : Business & Economics
Languages : en
Pages : 203

Book Description
The global Islamic resurgence of the last two decades has spawned parallel intellectual efforts to articulate an alternative Islamic way of life. This volume critically assesses much of what is said to be Islamic economics today - its theories, assumptions, concepts and the alternatives it claims to offer. While critical of much of contemporary Islamisation and the interests such economic policies protect, the current relevance of progressive policy alternatives inspired by Islamic economic morality is also analyzed.

Challenges in Economic and Financial Policy Formulation

Challenges in Economic and Financial Policy Formulation PDF Author: H. Askari
Publisher: Springer
ISBN: 113738199X
Category : Religion
Languages : en
Pages : 303

Book Description
Challenges in Economic and Financial Policy Formulation provides an introductory, yet comprehensive, treatment of macroeconomic policies and their implementation in an Islamic-designed economic system.

Islam, Economics, and Society (RLE Politics of Islam)

Islam, Economics, and Society (RLE Politics of Islam) PDF Author: Syed Nawab Haider Naqvi
Publisher: Routledge
ISBN: 1134609493
Category : Reference
Languages : en
Pages : 172

Book Description
The Islamic perception of the socio-economic process is dynamic and its insistence on social justice is uncompromising. To produce the best social structure, according to this view, man’s economic endeavours should be motivated by a meaningful moral philosophy. In the face of the challenges presented by the modern world, the practice of Islamic economics raises many complex and profound issues. These are addressed in this highly important work, which must be considered essential reading for all those who live in the vision of the ‘right’. First published in 1994.

Islamic Economics

Islamic Economics PDF Author: Taha Eğri
Publisher: Cambridge Scholars Publishing
ISBN: 1443879207
Category : Business & Economics
Languages : en
Pages : 255

Book Description
Studies conducted in the field of Islamic economics lose their relevance over time. Works examining Islamic economics since the 1970s have been co-opted by the existing economic system and have become limited to a large extent, as they are now only concerned with financial transactions. In fact, ""Islamic economics"" as a concept should actually be conceptualized as an alternative economic system. However, because of the financial and commercial transactions implemented in daily economic life ...