Economic System in Islam/edited by S. Ganjoo. New Delhi, Anmol, 2004,
viii, 192 p., ISBN 81-261-1808-3.
Economic System in Islam/edited by S. Ganjoo. New Delhi, Anmol, 2004,
viii, 192 p., ISBN 81-261-1808-3.
Contents: Preface. 1. The exploitation of land and Islamic law. 2. Private property in Islam. 3. Islamic economics. 4. Nature and significance of Islamic planning. 5. Some economic problems of the Muslim world. 6. Muslim finance. 7. Social and economic reforms in the world of Islam: the beginning of the end. 8. Islamic economic system and the process of change over. 9. Exploitation of land and Islamic law: the leasing of land. 10. Spectacular economic development of Kuwait. 11. Consumption loan in Islam. Index.
"Though 'Capitalistic' in nature, the Islamic economic system is not, however, based on the European or American capitalist economic principles, which in no way heed moral or ethical conceptions. The Islamic system obeys fully and unconditionally the dictates of moral and ethical doctrines. The difference between the Islamic and the capitalist economic systems is thus a cardinal and fundamental one.
"The Islamic economic system also laid down the principle of the equality of value between labour and capital, by recognizing that labour should be accorded equal consideration with capital--in fact that it can itself be regarded as form of 'capital'.
"The present book consists of eleven articles explaining some vital aspects of economic system in Islam. The material is based on the writings of renowned scholars on the subject, drawn from different sources--books, journals and magazines. As such a dependable source of reference." (jacket)