The Islamic economy and the welfare state (M.Litt. Thesis)

Islamic theories of social welfare are deeply embedded in and integrated with the religion of Islam and are therefore founded under the guidance of the Holy Qur'an and hadith. Modern economics, however, has been established through a secular approach. Both idealogies attempt to maximize social welfare but through fundamentally different methods - Islamic economics must adhere to the teachings of Islam while modern economics has no such conditions.