Economic System of Islam and Contemporary Pakistan

  • Muhammad Malhan Khan

Abstract

Economics is a fundamental part of every society, similarly, Islam is one of the dominant faith practiced all around the world and a complete code of life. It has given some specific guidelines regarding economics. The article discusses the core concepts of the economic system with reference to Islamic teachings. It covers concepts of Zakat, Riba and general guidelines about economic activity within a state, with reference to Pakistan. The paper has made the Quran and the state of Medina as the point of reference to understand the spirit of the economic system implemented in that milieu. And has tried to understand the contemporary basic economics affecting and influencing common life.

Published
2019-07-14
How to Cite
Khan, M. M. (2019). Economic System of Islam and Contemporary Pakistan. Al Tafseer - Biannual Journal, 33(1). Retrieved from http://al-tafseer.org/index.php/at/article/view/74
Section
Articles