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Islamic Legal Thought: A Compendium of Muslim Jurists.
Thus social justice (which is also referred to as economic justice or distributive justice) ing to Islamic conception includes three things, namely : (1) fair and equitable distribution of wealth, (2) provision of basic necessities of life to the poor and the needy, and (3) protection of the weak against economic
We identify fives principles of Islamic economics system that can be derived from the original sources, i.e., Allah determines right and wrong, principles of uses, principle of moderation, principles of freedom, and principle of justice.
The central features of an Islamic economy are often summarized as: (1) the behavioral norms and moral foundations derived from the Quran and Sunnah; (2) collection of zakat and other Islamic taxes, (3) prohibition of interest (riba) charged on loans.
They are (l) the abolition of riba, meaning interest on capital; (2) the institution of mudarabah, meaning profit-loss-sharing system in Islamic economic Page 9 Principles of Islamic Economics 15 ventures; (3) the abolition of israf, meaning wasteful consumption, and (4) the institution of zakah, which is an organised
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The five maximsare summarized in tables 1-5 (cross-referenced to the Majallah) and include: al-umūr bi maqāṣidihā (matters are determined ing to intentions), al-mashaqqah tajlib al- taysīr (hardship begets facility), al-ḍarar yuzāl (harm must be eliminated), al-yaqīn la yazūl bi al-shakk (certainty is not
We identify fives principles of Islamic economics system that can be derived from the original sources, i.e., Allah determines right and wrong, principles of uses, principle of moderation, principles of freedom, and principle of justice.
There are five leading maxims, as reflected in the Majallah, such as, al-umūr bi maqāṣidihā (matters are determined ing to intentions), al-yaqīn la yazūl bi al- shakk (certainty is not overruled by doubt), al-mashaqqah tajlib al-taysīr (hardship begets facility), al- ḍarar yuzāl (harm must be eliminated) and al-

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