Economy The Islamic Approach
This book is an attempt to to explain the basic methods of a non-interest based aconomy; an economy based solely on the fundamentals of Islam.
It shortly introduces the conditions and functioning of Islamic contracts like musharakah, mudarabah, Ijarah etc.
Also included is a transcript of an enlightening talk delivered by Mufti Muhammad Taqi Usmani on the Islamic concept of economy, as well as a detailed fatwa regarding various transactions at the stock exchange.
Contracts discussed include:
Mudarabah, Musharakah, Salam, Partnership, Murabahah, Leasing contracts.
English translation by Zahra Baintner
Author: Mufti Nasim Ahmad Qasmi