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The elimination of interest from financial transactions has been a salient goal of Islamization movements around the world. Its proponents have had to balance this objective, which they claim to draw from Islamic law (sharia), against consumer demand for convenient products. In general they have...
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, including women, were especially likely to prioritize wealth sheltering. Regular waqfs thus served to perpetuate prevailing …
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One of Islam's five canonical pillars is a predictable, fixed, and mildly progressive tax system called zakat. It was … few decades after the rise of Islam, zakat opened the door to arbitrary political rule and material insecurity. A major …
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The historical record belies the claim that Islam impeded entrepreneurship by inculcating conformism and fatalism …
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