In a world struggling with the problems created by the modern economic order, Islamic Economics offers principles for establishing an economy based on ethics and justice. The primary source for deriving these…
In a world struggling with the problems created by the modern economic order, Islamic Economics offers principles for establishing an economy based on ethics and justice. The primary source for deriving these principles is the Qur'an, followed by the Sunnah, Ijma (consensus), and Qiyas (analogical reasoning). As in all matters, adhering to this order of sources is essential when determining economic principles in Islam. Throughout history, these principles have been explained in tafsir (exegesis), hadith, fiqh (Islamic jurisprudence), and ilmihal (Islamic catechism) books. In recent years, these principles and their applications have increasingly become the subject of academic studies in the fields of Islamic Economics and Islamic Finance. Beyond these general objectives, this book seeks to explore an economic perspective that transcends the material world, offering a guide for Muslim merchants that provides benefits both in this life and the hereafter.
