1. Economics of Islam
... known economic principles: Private interest and personal gain as a target, competition as a means, and freedom as a prerequisite condition. However, the Islamic economic system is not based on the European or American Capitalist economic principles, which in no way need moral or ethical conceptions. The Islamic system obeys fully and unconditionally the dictates of moral and ethical doctrines. The difference between the ... system, is both clear and intentional. Provisions in the Islamic system According to Prof. Mehr Muhmmad the Islamic economic system, in order to ensure freedom and f...
- Word Count: 4641
- Approx Pages: 19
- Has Bibliography
- Grade Level: Undergraduate