ECONOMICS
 
 
 
 
Introduction to the Economic System of Islam

Islam is a comprehensive way of life which organised the instincts and organic needs of man in a way that is both beneficial for the individual and the society.
Objectives
• Achieve the economic necessities of every humn being living in darul Islam
• Improve the Standard of Living bringing about the means to increase luxuries MORE »
Ways in which the Shari’ah Preserves the Wealth and its Relationship with Imaamah

i) Defensive Jihaad
ii) The obligation to organise the eonomic affairs individually and societally "Seek the other world by means of that which Allah has bestowed upon you and do not be negligent about your share in this world." (al Qassaass 28:77) MORE »
The Means of Acquisition to meet the Islamic Governments Spending Requirements

1. Zakaatul Fitr
2. Zakaat on Gold and Silver
3. Zakaat on Crops and Fruits
4. Zakaat on Livestock MORE »
The Prohibited Transactions

Allah (swt) has permitted trade and forbidden usury [ribaa’], Allah (swt) says “But Allah has permitted trade and forbidden usury” (al Baqarah 2:275) MORE »

The Prohibition of Copyright and Patent in Islam
It is common today to see on any Islamic book or publication a copyright mark and then a few words warning the purchaser not to copy the book or any other such thing without permission of the author, publisher or copyright owner. This is a great jaahileeyah and rebellion against Islamic economic principles.This is part of the kufr exploitation of... MORE »