Economics Arctic

We are enjoined to observe three traits on which the health of the entire society depends. The first trait is ‘Adl (justice)…

Eradication of Socio-economic Injustice Islam promotes mutual goodwill and understanding between the Landlord and farmer-worker, mill-owner and labor, in order to enable…

Justice in Islam There is no room in Islam for any individual or group to invent their own concept of justice for…

The question of land ownership is one of the most serious issues of our times. Being a subject of much debate, the actual…

Labor-related issues and Solutions  Our defective economic system remains the main cause of the problems that face industrial and farm labor. The…

Let us try first to understand what Ribā or interest is, according to the Qur’an and the Sunnah. What are its parameters?…

The Islamic approach to the economic issues of mankind is that wealth is like lifeblood and must not simply be allowed to accumulate…

Essence of Zakāh Zakāh is the third pillar of Islam after Imān and Salāh. Zakāh follows Salāh immediately in the Qur’an wherever…

According to some, it is the opportunity to benefit from borrowing which entitles the lender to claim interest from the borrower. But…

The rationale for interest notwithstanding, arguments are also focused on what is a ‘reasonable’ and, therefore, acceptable rate of interest. The world…