Foundations of Islamic economics

Mohamed Haneef, Mohamed Aslam and Mohd. Arshad, Mohd. Nahar and Mohammed, Mustafa Omar (2023) Foundations of Islamic economics. International Institute of Islamic Thought-IIUM, Kuala Lumpur Malaysia.

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Abstract

The textbook "Foundation of Islamic Economics" provides a comprehensive introduction to the principles and concepts of Islamic economics. The book is divided into 6 chapters, each focusing on different aspects of the subject. Chapter 1 explores the relationship between Islam, its worldview, and economics. Chapter 2 examines the methodology of Islamic economics, including sources of knowledge and the process of developing Islamic economic theory. Chapter 3 covers the characteristics of an Islamic economic system, including its philosophical foundations, property ownership and decision-making processes. Chapter 4 looks at how resources are allocated in the Islamic economic system, with a focus on efficiency and fairness. Chapter 5 examines the principles and methods of distribution in the Islamic economic system, with a focus on income distribution and social welfare. Chapter 6 covers various topics related to Islamic financing, including the issue of ribs and Islamic contracts used in Islamic finance.

Item Type:	Book
Subjects:	H Social Sciences > H Social Sciences (General)
Kulliyyahs/Centres/Divisions/Institutes (Can select more than one option. Press CONTROL button):	Centre for Islamic Economics Kulliyyah of Economics and Management Sciences Kulliyyah of Economics and Management Sciences > Department of Economics
Depositing User:	Dr. Mohd Nahar Mohd Arshad
Date Deposited:	24 Jul 2023 08:57
Last Modified:	21 Feb 2024 10:09
URI:	http://irep.iium.edu.my/id/eprint/105643

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