Islamic Economics: A Survey of the Literature

  title={Islamic Economics: A Survey of the Literature},
  author={Asad Uz Zaman},
  journal={Behavioral \& Experimental Finance eJournal},
  • A. Zaman
  • Published 1 June 2008
  • Economics
  • Behavioral & Experimental Finance eJournal
A central thesis of this paper is that social science is the study of human experience, and hence strongly conditioned by history. Modern Western political, economic and social structures have emerged as a consequence of the repudiation of religion, and are based on secular principles. Many of these are inimical to Islamic principles, and cannot be adapted to an Islamic society. Muslim societies achieved freedom from colonial rule in the first half of the twentieth century and sought to… 

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