Monday, January 11, 2016

Islamic economic system: from principles to microeconomics and macroeconomics fields (5)

The paper writes:
Since this system is Divine guided, it is spiritual.
Additionally:
ü all important aspects of the Islamic economic system;
ü and the applicable norms
 are thoroughly discussed in the Holy Quran.
Whether it is:
ü production;
ü consumption;
ü distribution;
ü or the financial system
 they all have been discussed in this Divine Book sufficiently.
Quran itself declares that Allah Almighty created the human being as His Viceroy on this Earth.
As such He created all needed provisions so that they may consume them and may satisfy their wants.

Used from paper of  Abdul Ghafar Ismail and  Noraziah Che Arshad

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