Sunday, September 18, 2016

Islamic economic system: from principles to microeconomics and macroeconomics fields (67)

Continuation
The intellectual mind of al-Tartusi could clearly perceive this phenomenon.
Hence, he advised the Muslims to achieve economic progress within the Islamic values.
Ibn al-Qayyim put a lot of emphasis on agricultural development.
In view of the fact that, there exist people who own land but do not or cannot cultivate it.
There are others who are able and willing to cultivate land but do not have it.
Ibn al-Qayyim supports the arrangement of sharecropping in the agricultural sector.
According to him, it is fair that some provide land and others cultivate it.
They share in output on an agreed basis.
There is, however, a debate among the jurists whether sharecropping is allowed or not.


Used from paper of Abdul Ghafar Ismail and  Noraziah Che Arshad

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