Title

The Islamic Economic System

Document Type

Article

Publication Date

6-1-1985

Published In

Journal Of Comparative Economics

Abstract

The Islamic economic system is a theoretical construct of an industrial economy whose members follow the Islamic faith. This essay surveys the elements of such a system, as presented in a series of recent books on Islamic economics. Particular attention is paid to the injunction against interest payments and to the requirement of paying a wealth tax with regard to aggregate saving.

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