Browsing articles in "Economy in Islam"
Jul
9
2012

Principles and definitions in the Islamic economy

Economy in Islam

Money is Allah’s property and He has entrusted us with it. What is the role of money? Is Islamic economy an act of worship and how? Is public interest more important than individual interests, or the other way round? Does Islamic economy take ethics into consideration? What characterises Islamic economy? What are the resources of Islamic economy? What are the prohibited practices in economy?

Feb
12
2012

Money and Sustenance

Economy in Islam

What is the philosophy of money in Islam? How could a man stop worrying about his sustenance? How could he avoid doing wrong in order to obtain his sustenance? How could he avoid having to accept humiliating positions to earn his living? Who is the (real) owner of money? How did man come to be its administrator? Why should we take care of money? Why has Allah prohibited prodigality, extravagance and any other act of wasting money? Why does Islam make it obligatory for a man to earn his living?

Feb
4
2012

Usury and its Harm

Economy in Islam

What is usury? What harm does it carry? What are the consequences of practicing usury?

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