Publication:
Understanding development in an Islamic framework
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Date
2014
SDG:
Abstract
In this paper, the foundational rules governing human, economic and financial development in Islam, as understood from the Qur’ān and from the life and traditions of the Prophet Muhammad (pbuh), are summarized. These rules pave the path to development as the basis of institutional structure, which in turn, underpin the path of economic and social progress. The essential elements in the life of a Muslim - the unity of creation, freedom and freedom of choice, economic and human development, economic system and financial practice - are developed.
Keywords
Human , Economic , Financial development , Islam , Quran
Citation
Askari, H., Iqbal, Z., Krichene, N., & Mirakhor, A. (2014). Understanding development in an Islamic framework. Islamic Economic Studies, 22(1), pp. 1-36.
Publisher
Institute Research and Training Institute (IRTI)