“Islam and Economics provides the dogma-free foundations of Islamic economics. This is a valuable contribution to a broad understanding of Islamic economics and how it relates to capitalism and socialism”
Hossein Askari, Emeritus Iran Professor of Business and International Affairs, The George Washington University
This primer is an introductory text to rediscover the principles of commerce and economics revealed in the Qur’an, espoused by the Sunnah, and understood by the jurists. Islam offers three moral principles of economic organization: ownership, wealth creation, and wealth circulation. Based on these principles, Islam and Economics derives a framework of operational institutional tenets for the economic organization of a society. It addresses all important business, policy, and equity issues that any economic system should resolve and broadens the discussion on the modern discipline of “Islamic economics”. Foreword by Dr. Abdullah bin Hamid Ali
About the Author
Ali Salman originally studied in Qom, a major centre of Twelver Shi'a theological thinking in Iran. He is a Twelver Shiite who originally followed the quietist teachings of Grand Ayatollah Sayyid Abu al-Qasim al-Khoei, the spiritual leader of much of the Shia world until his death in 1992.
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