Islamic Economics: A Short History

islamic economic renaissance 383 How much of these problems still exist after more than two decades of the analysis of these wri ...

384 chapter nine Contrary to Yusri’s recommendation some twenty five years ago, capital is flowing from Muslim to Western countr ...

islamic economic renaissance 385 implemented by countries adopting the euro. As inflation rates var- ied from over 40 percent in ...

386 chapter nine (Al-Zoibidy, 2002). The aim of the GCC states is to achieve mone- tary union by 2005 and for a single currency, ...

islamic economic renaissance 387 But compensating the lender, the counter argument is presented, may result in an injustice to t ...

388 chapter nine The third opinion differentiates between whether the change in the value of money is superficial or substantial ...

islamic economic renaissance 389 explicitly or by implication, economic development is a topic that is well embedded in Islamic ...

390 chapter nine and his physical and socio-cultural environment, a view which is also advocated by al-Ghazàli in his “Man is th ...

islamic economic renaissance 391 Having looked at the theory of economic development in positive economics, economic development ...

392 chapter nine public ownership, with the latter given a particularly influential role in the Islamic economic development lit ...

islamic economic renaissance 393 under a repressive regime. Fifth, Our Economics appeared in the late nineteen sixties and early ...

394 chapter nine main concern, for him was what economic system is the most suit- able for economic development, and that was th ...

islamic economic renaissance 395 structure, which the state may adopt and in which the economic development model may be fitted. ...

396 chapter nine This shows how much al-Sadr wanted to say about Marxism com- pared with capitalism, and of course how devoted h ...

islamic economic renaissance 397 of writing on Islamic economics, until page 259 of the second edition where he refers to the ca ...

398 chapter nine a statutory ownership to the given land, it simply gives him only the right to utilise. Following the same line ...

islamic economic renaissance 399 Turning our attention to economic freedom, we find al-Sadr in line with the main-stream of Isla ...

400 chapter nine when they were less successful, provides, with the benefit of hind- sight, empirical evidence to rely on and le ...

islamic economic renaissance 401 state public policy at the macro level if a state is wishing to Islamise its economic system. N ...

402 chapter nine community, imported ideas may not be necessarily workable or applic- able to the needs of that community; this ...