An Introduction to Islamic Economics

Author: Muhammad Akram Khan
Publisher: Kitab Bhavan
Year: 1999
Language: English
Pages: 153
ISBN/UPC (if available): 8171512631

Description

This work contends that the Islamic economic order has the potential of ushering in an age of human bliss; and the resources to build a free, just and responsible world for everyone on the earth.

The contemporary economic systems have failed to solve the economic problems of mankind. The failure of socialism is too obvious to need any documentation. The track record of capitalism is far from being promising. Although a small minority has achieved high material standards of living, a vast majority lives under conditions of abject poverty. The problem of unemployment, inflation, poverty amidst affluence, unequal distribution of wealth, frequent bouts of business recession, environmental pollution, and ecological imbalance still bedevil man's present life and threaten his future.