Islamic economic system: from principles to microeconomics and macroeconomics fields (83)

Islamic economic system: from principles to microeconomics and macroeconomics fields (83)

Continuation

PRINCIPLE AND THEORIES: A MATCHING PROCESS

Theory:

-      Macroeconomics

Sub-Theories:

-      Investment

Principle:

-      Prohibits interest

-      Encourages trade

-      Partnership

Agents:

-      Profit-sharing

-      Risk-sharing

Economic Behaviour of Agent:

-      Productivity

-      Consequently

Used from paper of Abdul Ghafar Ismail and  Noraziah Che Arshad