Is it necessary to have Islamic economics?

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If Islam can be shown to be capable of providing fruitful vision to illuminate the modern conscience, then all mankind and not only Muslims, have a stake in the outcome. (Marshall Hodgson, 1977, Vol. 3, p. 441) Apart from the Islamic world, where fundamentalist political tendencies are quite marked, the global political scene is dominated by rhetoric and values that are primarily consumption-oriented and that stress personal self-gratification as the primary purpose of political action. (Zbigniew Brzezinsky, 1995, p. 53)




Chapra, M. U. (2000). Is it necessary to have Islamic economics? Journal of Socio-Economics, 29(1), 21–37.

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