Islamic Economics
Islamic Economics Islamic economics (الاقتصاد الإسلامي) is a term used to refer to Islamic commercial jurisprudence (فقه المعاملات, fiqh al-mu’āmalāt), and also to an ideology of economics based on the teachings of Islam that takes a middle ground between the systems of Marxism and capitalism. Islamic commercial jurisprudence entails the rules of transacting finance or other economic...