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Ideal Islamic Economy - An Introduction (Hardcover, 1st ed. 2017)
Loot Price: R6,140
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Ideal Islamic Economy - An Introduction (Hardcover, 1st ed. 2017)
Series: Political Economy of Islam
Expected to ship within 10 - 15 working days
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This book provides an introduction to the vision of an economic
system based completely on the Holy Qur'an-a system defined as a
collection of institutions, representing rules of behavior,
prescribed by Allah for humans, and the traditions of the
Messenger. The authors argue that the main reason for the economic
underperformance of Muslim countries and their economies has been
non-compliance with the prescribed rules of behavior. Rule
non-compliance has been chiefly due to the failure of Muslims to
comprehend the Metaframework of the Qur'an and the Archetype Model
of the Prophet Mohammad and interpret them in ways compatible with
their own generation and time. Askari and Mirakhor believe these
rules (institutions), properly adapted to prevailing conditions
present what they consider as an ideal economic system.
General
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