Islamic Economics Compared to Socialist, Fascist and Capitalist views on Economy as a System
Abstract
This chapter aims at comparing the major Islamic views on economy to previously experienced views such as socialist, fascist and capitalist attitudes. The role of government, interest rates, public and private property rights and regulations, implementation difficulties, market mechanism and financial management, wealth accumulation are the main areas of concern in this paper. This chapter is a short extract taken from the master thesis advised by F. Özlen Hiç “AN INQUIRY FOR THE VALIDITY OF EFFICIENT MARKET HYPOTHESIS IN DEVELOPED AND DEVELOPING COUNTRIES AND A COMPARATIVE ANALYSIS ON STRUCTURAL AND SOCIAL CHANGES IN ECONOMIC SYSTEMS SUGGESTED FOR IMPLEMENTATION” – 2020.
Keywords
Full Text:
PDFReferences
Abdul Rahman Yousri Ahmad (2011) Role of Finance in Achieving Maqid Al-Shar ah, Saudi Arabia
Ahmad Alharbi (2016) Development of Islamic Finance in Europe and North America: Opportunities and Challenges
Alfred Mill (2016) Economics, USA
Almustapha A. Aliyu, Mohammed Yusuf Alkali, Ibrahim Alkali (2016) Islamic Perspective on the Impact of Ethics and Tax for Nigerian Eco-nomic Development
Anthony Crowe (2016) Fidel Castro& Che, Ankara
--------------------(2012) As You Were: After a Period on the Wane, Ine-quality is Waxing Again, The Economist
Bernard Show (1928) The Intelligent Woman’s Guide to Socialism and Capitalism, Sovietism and Fascism
Byung-Yeon KIM (2012) The Studies of Economic Systems and Institu-tions: Some Views on Future Directions1,The Journal of Comparative Economic Studies, Vol.7, pp. 11– 21., Seoul National University, Korea
Edward De Bono (1994) Practical Thinking, London
Faleel Jamaldeen: Ten Economic Benefits of Following Islamic Principles,
Fatma Özlen Hiç (2014) A Summary of the Developments Regarding the Economic Regime Implemented in Developed and Developing Coun-tries, Istanbul
Fouad H.Beseiso: (2016) Islamic Economics and Happiness Economics a Case Study on the Role of Central Banks in Approaching Human Wellbeing
Gil Eyal, Ivan Szelenyi, And Eleanor Townsley (2019) Making Capital-ism without Capitalists, Social Stratification Class, Race, and Gender in Sociological Perspective 2nd edition edited by David B. Grusky Cornell University, First published 2001 by Westview Press Published by Routledge p.852
Hafas Furqani (2015) Defining Islamic Economics: Scholars’Approach, Clarifying the Nature, Scope and Subject-Matter of The Discipline, Qatar
Hamida Lahjouji, Dr. Khalid Rouggani (2016) Zakat and Distribution of Wealth on Islamic Economy: Case of Morocco
Ja´nos Kornai (2000) What the Change of System From Socialism to Capitalism Does and Does Not Mean, Journal of Economic Perspectives, Volume 14, Number 1, pp. 27–42
John F. Helliwell, Richard Layard and Jeffrey D (2019) World Happiness Report, Sachs, pp. 40-41, p.49, p.113
Khairunnisa Musari (2016) Economic Sustainability For Islamic Nano-finance Through Waqf-Sukuk Linkage Program (Case Study In Indone-sia)
M. Kutluğhan Savaş Ökte: (2010) Fundamentals of Istamic Economy and Finance Theory and Practice OF ISLAMIC ECONOMY AND FINANCE: THEORY AND PRACTICE, Istanbul
Mahmud Adesina Ayuba (2016) (PhD) Islamic Economic System, Pov-erty, and Insurgency: From Zakāh Distribution to Capacity Building
MB Hendrie Anto (2011) Introducing an Islamic Human Development Index (I-HDI) to Measure Development in OIC Countries, Saudi Arabia
Mehmet Asutay (2007) A Political Economy Approach to Islamic Eco-nomics: Systemic Understanding for an Alternative Economic System, Kyoto,
Moussa Larbani & Mustafa Mohammed (2011) Decision Making Tools for Resource Allocation based on Maq id Al-Shar ah, Saudi Arabia
Muhammad Akram Khan (2015) An introduction to Islamic Economics, International Institute of Islamic Thought and Institute of Policy Studies, Islamization of Knowledge
OECD 2016, “Poverty rates and gaps”, in OECD Factbook 2015-2016: Economic, Environmental and Social Statistics, OECD Publishing, Paris, p.56
Rafidah Binti Haji Amidon, Amal Norhaizah (2017) The Challenges of Muslim Countries in Business World, Malaysia,
S. M. Hasanuz Zaman (1984) Definition of Islamic Economics, Paki-stan
Sayyid Tahir (2017) Islamic Economics and Prospects for Theoretical and Empirical Research, Malaysia
Sharullizuannizam Salehuddin, Buerhan Saiti, Musharakah Tijarah (2016) International Journal of Islamic Economics and Finance Studies, Cross-Border Financing: Concept, Structure and Salient Features
Siddig Abdulmageed Salih (2011) Comprehensive Human Development: Realities and Aspirations, Saudi Arabia
Zubair Hasan (2016) The Evolution of Islamıc Economics: A Critical Analyses, Kuala Lumpur
DOI: http://dx.doi.org/10.52155/ijpsat.v24.2.2574
Refbacks
- There are currently no refbacks.
Copyright (c) 2021 Özlen Hiç Hiç, Alexandra N. Najafli
This work is licensed under a Creative Commons Attribution 4.0 International License.