The Islamic Economic System
Cultural Context in a Global Economy
- 190 pages
- English
- ePUB (mobile friendly)
- Available on iOS & Android
The Islamic Economic System
Cultural Context in a Global Economy
About this book
Islamic Economics refers to financial aspects or monetary activities and processes, which adhere to Islamic standards and teachings. The Islamic Economic System relates to the hypothetical development of an economy whose individuals follow the Islamic faith. This book presents an interesting and timely narrative of the concepts of Islamic economics in the context of Islamic culture. Its purpose is to guide individuals and organizations towards a Shariah-based Islamic Economic System.
It begins by introducing the Islamic Economic System; its historical origins are explained in the framework of the verses of the Holy Quran, and in light of the Shariah scholars and the philosophical thinkers of the mid-20th century. It discusses concepts such as the evolution of Islamic Fintech and Artificial Intelligence (AI); the relationship between Islamic corporate governance and Islamic Economics; the distribution of wealth in Islam; Islamic Social Finance; Islamic Economic practices in the banking industry, behavioural norms and moral foundations; and Islamic Economics in Organisation of Islamic Cooperation (OIC) and non-OIC countries. The author emphasizes the principles that set Islamic economics apart from traditional systems, grounded in Shariah evidence and highlights the role of Islamic principles in promoting overall business success and ethical practices in the banking industry, offering comparative analysis between Islamic and conventional models, as well as economic systems. Drawing on a rich array of sources, including the Quran and interviews with renowned religious scholars, the book provides a well-rounded and thoroughly researched argument.
This book will serve as a valuable resource for academics, scholars, researchers, and organizations seeking to navigate the complexities of an interest-free economic system guided by Islamic principles.
Frequently asked questions
- Essential is ideal for learners and professionals who enjoy exploring a wide range of subjects. Access the Essential Library with 800,000+ trusted titles and best-sellers across business, personal growth, and the humanities. Includes unlimited reading time and Standard Read Aloud voice.
- Complete: Perfect for advanced learners and researchers needing full, unrestricted access. Unlock 1.4M+ books across hundreds of subjects, including academic and specialized titles. The Complete Plan also includes advanced features like Premium Read Aloud and Research Assistant.
Please note we cannot support devices running on iOS 13 and Android 7 or earlier. Learn more about using the app.
Information
Table of contents
- Cover Page
- Half Title page
- Series Page
- Title Page
- Copyright Page
- Contents
- Figures
- Tables
- Introduction: Foundations of Islamic Economics
- 1 The Evolution of Islamic Fintech and Artificial Intelligence (AI) in Islamic Economics
- 2 The Relationship between Islamic Corporate Governance and Islamic Economics and Its Impact on Economic Matters
- 3 Distribution of Wealth in Islam
- 4 Islamic Transactions and Governance Principles
- 5 Islamic Social Finance with Incorporation of Islamic Fintech and Islamic Corporate Governance
- 6 Comparative Economic System
- 7 Islamic Approach to Contemporary Economic Problems
- 8 Islamic Economics Practices in the Banking Industry
- 9 Islamic Economic System: Behavioural Norms and Moral Foundation
- 10 Understanding Market Structure in Islamic Framework
- 11 The Islamic Economic System in Non-OIC and OIC Countries: Case Studies
- Index