Now, let us explain how these two areas of al-Qard al-Hasan and investment loans operate in an interest-free economic system. The end…
Economics Arctic
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There has been a dramatic change in the world’s civilizational and economic scenes, due to which the format of financial and commercial…
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Does Islam offer an economic system, and if so, what is the blueprint of the system? What is the position of land,…
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Q 1: How is Zakāh defined? A: Zakāh literally means purity and growth. Technically, it is a financial act of worship made mandatory…
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Q 1: In a construction company dealing with real estate or machine tools, a shareholder, as you explained, is exempt from Zakāh. The…
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Q 1: If not quite sure about the permissibility or otherwise of the insurance business according to the Shari’ah. If the existing…
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Economics Arctic
Mankind’s Economic Problems and Islamic Solutions
by adminby admin 10 minutes readThe importance given to the economic problems of nations and states around the world is greater than ever before. The focus of this…
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Fundamental Truths The most basic fact about the human economy, which the Qur’an emphasizes repeatedly, is that all the means and resources for…
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The middle-of-the-road policy for a society’s economic well-being that Islam adopts is unique and rewarding in so many ways, especially when viewed against…
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It is imperative for an economic philosophy to be capable of grappling with the economic issues facing a particular country and the people…