Economy: The Islamic Approach

This book is an attempt to to explain the basic methods of a non-interest based aconomy; an economy based solely on the fundamentals of Islam.

It shortly introduces the conditions and functioning of Islamic contracts like musharakah, mudarabah, Ijarah etc.

Also included is a transcript of an enlightening talk delivered by Mufti Muhammad Taqi Usmani on the Islamic concept of economy, as well as a detailed fatwa regarding various transactions at the stock exchange.

Contracts discussed include:

Mudarabah, Musharakah, Salam, Partnership, Murabahah, Leasing contracts.

English translation by Zahra Baintner