Islamic political economy and the human investment revolution

Submitted by Anonymous (not verified) on Thu, 08/22/2019 - 16:08
Year
1978
Country
United States
Language
English
Abstract

Education is classified as a consumption-investment mix commodity. Consumption deals with the psychic returns of the education; investment applies to the monetary return education yields. In the Islamic system, education is a highly value-oriented entity. The consumption-investment mix commodity analysis applied here to education is a framework that can prove fruitful for Islamic economics. The analysis may be applied to Zaka, to qard hasan, and to moral values and economic price theory, as well as other institutions.

English
No. of Pages
pp.31-34
Number
2
Volume
15
Select type of work
Name of the Journal
CIS Program Old
CIS publications
No
CIS Thesis
No