The economic order of Islam

A theoretical account of various Islamic economic concepts Islamic economy looks more on human behaviour in managing natural resources for the benefit of themselves and community. The ill disposition of the ownership, and the misdistribution of the wealth amongst people, therefore, must be addressed. Islam is a comprehensive religion that covers the entire spectrum of life, showing us how to conduct our activities in a sound and wholesome manner. Islamic principles and teachings provide realistic, fair and objective solutions for the prevention of individual, social and international problems either in…

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Revelation; Solution to the Economic Crisis

One of the main pillars of civilization is charity constitutions which help maintaining a level of prosperity for the whole community.  Its origin is only seen in the revelation, as the main source of benevolence throughout the history. “The alms are only for the poor and the needy, and those who collect them, and those whose hearts are to be reconciled, and to free the captives and the debtors, and for the cause of Allah, and (for) the wayfarers; a duty imposed by Allah. Allah is knower, Wise.” (Qur’an, Tawbah,…

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