The ethics of profits in the Islamic economic system: a socioeconomic analysis

Submitted by Anonymous (not verified) on Thu, 08/22/2019 - 16:08
Year
1988
Country
United Kingdom
Language
English
Abstract

Although the Islamic economic system is not opposed to a free market, it does impose certain ethical restrictions on it. This is exemplified by the prohibition of interest and other measures that discourage profiteering. These restrictions should not affect the disposition of people to further the economy because they cannot maximize their profit, since their intentions should be guided by the will to attain Falah and not solely profits.

English
ISSN/ISBN
0021-1842
No. of Pages
pp.69-76
Number
2
Volume
XXXII
Select type of work
Name of the Journal
Author(s)
CIS Program Old
CIS publications
No
CIS Thesis
No