Studies on the relationship between religion and Entrepreneurship suggest that Islam discourages entrepreneurship. This … the negative effect of Islam on entrepreneurship only applies in the absence of Shariah-compliant access to finance. This … negative effect disappears in the presence of Islamic banks, thus disproving the generalized claim that Islam discourages …

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 …