The need for a new economic system

A highly problematic world of economics could use a call toward Islamic economic strategies and visions. While material conditions are not the sole determinants of human flourishing, contemporary secularism seems to feel that they are. Free-market economics has faulty thinking and creates frustrations. An adequate strategy is lacking under the present economic order. Islamic economics carries the best of the free-market approach without its problems. The key to achieving the best of both worlds is the presence of spirituality alongside savvy economic knowledge. Inner tranquillity can be achieved through a sense of something beyond the physical. Reforms in line with morality need to be made. The economic systems of the world have failed to bring humans the well-being they wish for; Islam should be implemented to set an example for all civilizations.