Introduction to Islamic Economics

Introduction to Islamic Economics

Author: Hossein Askari, Zamir Iqbal, Abbas Mirakhor

Description: Introduction to Islamic Economics: Theory and Application" offers an in-depth exploration of the principles and structures that form the foundation of Islamic economic systems. The book addresses how Islamic teachings shape key economic institutions and policies, with a focus on social welfare, justice, market efficiency, and equity. It provides readers with insights into how Islamic economics diverges from conventional systems, particularly in terms of state roles, public policy, and risk-sharing mechanisms. As universities increasingly offer Islamic economics courses, this book serves as a crucial resource, emphasizing not only financial principles but the broader economic theory rooted in Islam.