Abstract

The purpose of this article is to give an idea of the concept of Islamic economy or Islamic economic model as it is usually referred to. The author compares Islamic, capitalist and socialist economies. In particular, the article considers the way private ownership, open market and interest are treated in different economies. The article also analyzes the evolution and the current state of the scientific discipline "Islamic economics".

Full Text
Paper version not known

Talk to us

Join us for a 30 min session where you can share your feedback and ask us any queries you have

Schedule a call

Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.