Economics Within Transcendence: An Islamic Approach
Subject Matter And Scope Of Islamic Economics
Contemporary Zakat
Defines the term zakah; enumerates items on which zakah is payable. Advocates the establishment of an Islamic economic system. The nisab of zakah should be equal to the sustenance of an average family for one year. For economists and Shari'a scholars. Based on primary sources. Documented.
Towards Islamic Economics
Paper presented at the Third International Seminar on Islamic Thought, organised by I.I.I.T., Washington, D.C. at Kuala Lumpur. The methodology of Islamic economics should involve a deeper study and documentation of primary sources. The structure of the Islamic economic system consists of five basic principles: private ownership within limits; depreciation of idle money; work-reward relationship, loss-gain relationship; and no harm nor hurt principle; Islamic economics should focus on these basic principles for further research. For Muslim economists.
Money, Interest and Qirad
Presented at: First International Conference on Islamic Economics, Makkah, 1976; Monetary and Financial Theory and Institutions
