Islamic Economics Essay by Master Researcher

Islamic Economics
A discussion regarding Islamic economics and the principles set forth by the Koran.
# 89289 | 2,250 words | 8 sources | 2006 | US
Published on Dec 01, 2006 in Religion and Theology (Islam) , Economics (General)


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Description:

This paper discusses the nature of Islamic finance and economics, as well as the principles derived from the Koran that govern economics in Islam. The paper notes that modern Islamic economics is based on several religious laws set forth in the Koran, as interpreted by various scholars, and modern economics in particular have been shaped by readings of the Koran beginning in the 1940s.

From the Paper:

"Islamic economic practices are governed by tents from the Koran and are embodied in Islamic law, known as shari'ah. These tenets govern business, economic decisions, and other aspects of social discourse in Islamic societies. Islamic economics is based on several religious laws set forth in the Koran, as interpreted by various scholars, and modern economics in particular have been shaped by readings of the Koran beginning in the 1940s. Analysts note the way society expresses its form in Islamic theocracies and the power of shari'ah, or Islamic religious law."

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APA Format

Islamic Economics (2006, December 01) Retrieved August 11, 2020, from https://www.academon.com/essay/islamic-economics-89289/

MLA Format

"Islamic Economics" 01 December 2006. Web. 11 August. 2020. <https://www.academon.com/essay/islamic-economics-89289/>

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