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Islam And Economy
What are the islamic principles for economics?
Capitalism, Socialism or communism – which one is more aligned to Islamic economic principles?
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1 Reply
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Islam And Economy
updated 4 years, 2 months ago
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While all of these systems might have certain aspects that align with Islam, none of these is an economic system that can be called Islamic in it’s entirety. In fact, Islam has not given us a complete economic system at all. Instead, God has chosen to share with us His grand scheme, what role the religion plays in that scheme, and what worldview should those subscribe to who will be the ultimate beneficiaries when that scheme comes to a completion. In that regard, He has guided us in those aspects where we’re prone to make mistakes, and has left the details of devising a system to our own selves.
Videos in the following discussion should help understanding the economic principles in the light of the Quran and the sunnah:
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