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Asserts that the world needs to integrate economic issues with social demands and discusses ideas on the unity of knowledge (including Islamic theories). Develops a string model of the process of unification as seen by the Koran and applies it to the Islamic financing division of a Saudi Arabian...
Persistent link: https://www.econbiz.de/10014939596
Purpose – The purpose of this paper is to formalize a general equilibrium circular causation relationship model in the Islamic economic framework between wealth tax (Zakat), Islamic bank and the real economy. Design/methodology/approach – Mathematical modeling along with explanation....
Persistent link: https://www.econbiz.de/10014940005
The objective in this paper is to show that a generalised theory of development financing in Islamic context assumes a detailed general equilibrium approach to the solution of the following interrelated problems: The objective criterion of Islamic development co‐operation is recognised as the...
Persistent link: https://www.econbiz.de/10014940822
Post‐Cold War world is a bastion of economists, strategists and cold calculators. It is a world of vehement competition and mergers in the name of economic integration and the rise of market power, from the cradle to the grave. While the belligerence of world‐wide military conflict recedes,...
Persistent link: https://www.econbiz.de/10014940951