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By on June 04,2007

The Economic System of Islam (part 1 of 2): The Sources of Islamic Economics

imageIntroductionAs a complete way of life, Islam has provided guidelines and rules for every sphere of life and society.  Naturally, a functioning economic system is vital for a healthy society, as the consumption of goods and services, and the facilitation ... [full story]

By on June 04,2007

The Economic System of Islam (part 2 of 2): Its Ideology

imageThe Ideological Basis of Economic ActivityThe ideological basis in Islam may be summarized into six basic principles:The cornerstone is that everything has to start from the belief in God as the Creator, Lord, and Sovereign of the universe.  This implies ... [full story]

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