By Hossein Askari, Zamir Iqbal, Visit Amazon's Abbas Mirakhor Page, search results, Learn about Author Central, Abbas Mirakhor,
Gain deeper perception into the foundations and thought of Islamic economics
Introduction to Islamic Economics: concept and Application offers an outline of the organizing ideas and basics of an Islamic economic climate. With deep dialogue of the features, motive, key associations, goals, and tools at paintings, the booklet addresses the middle monetary rules underlying a procedure according to the foundational teachings of Islam, and examines the results for financial regulations. Social welfare, fiscal justice, industry performance, potency, and fairness are explored from an Islamic standpoint, and the position and tools of monetary and financial coverage in Islamic structures are used to demonstrate modern applications.
Universities around the world are providing classes on Islamic economics and finance, yet regardless of the industry's swift development, such a lot learn has been interested in the monetary rules instead of underlying fiscal rules. the 1st ebook of its variety, Introduction to Islamic Economics brings the entire key options jointly into one reference quantity. via outlining the ways that Islamic finance and Islamic economics interrelate, this publication may help readers to:
- Develop an knowing of the Islamic financial system and its institutional scaffolding
- Differentiate among the foremost features of the dominant traditional financial system and one in response to the elemental assets of Islam
- Understand the stipulations that has to be met for a simply, well-balanced, strong, and transforming into economy
- Clarify the position of country, public coverage, and risk-sharing within the Islamic monetary system
The Islamic economic climate is increasing quick, and people trying to elevate their relevance in a altering fiscal panorama needs to wake up to hurry. Introduction to Islamic Economics presents a accomplished evaluation of underlying economic climate supplying a deeper realizing of the function of the method. This booklet is a wonderful supplement to Introduction to Islamic Finance, 2E through Iqbal and Mirakhor.