Ever since the industrial revolution economic growth has been the key measure of prosperity in all economies. Every year nations around the world prepare national accounts from which the growth of their economies is measured and compared to the rest of the world. Organisations such as the IMF and World Bank produce annual reports and [...]
Archive for the ‘Islamic Economy’ Category
Islam and Economic Growth
Posted in Islamic Economy, tagged Allah, Almighty Allah, Economy, Financial Crisis, how to solve recession, Islam, Islamic Economy, khilafah, money, Recession, Sharia, Syariah on September 15, 2009 | Leave a Comment »
What is Sharia? Why must Sharia?
Posted in Islamic Economy, tagged Allah, Almighty Allah, asetow, Capitalism, interest, Islam, Islamic Economy, Prophet Mohammed PBUH, riba, Sharia, Solution for Recession, time value of money, why must Sharia on December 24, 2008 | Comments Off
General Definition
Syariah is Islam’s rules covered in all aspects of life that controlled every mankind in every activity. But it’s too wide to elaborate it more, the author only will discuss one part of the rules: economy side. Syariah is the form of implementation of Islamic principles with the characteristics:
a. No interest
Islam recognize it [...]
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