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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 (IIIT), Kuala Lumpur Malaysia.

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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: 24 Jul 2023 08:57
URI: http://irep.iium.edu.my/id/eprint/105643

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