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As the distribution of income is the central focus of Islamic economics, the nature and contribution made by different factors of production, their ownership, and rewards must be revisited in light of the guiding principles of Islam. This paper attempts to set a land reform agenda for an Islamic...
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It is widely believed that land markets, including both land sales and tenancy markets, are neither efficient nor conducive to social equity. It is often argued that tenants, particularly share tenants, do not have proper incentives to work and invest, partly because of the disincentive effects...
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