Results for tag: "Islamic Economics"

Islamic Economics is an economic system based on Islamic principles and values. It is based on the concept of justice, fairness, and equity, and seeks to promote economic development in a socially responsible manner. Islamic Economics is based on the principles of Islamic law, which prohibits the charging of interest and encourages the sharing of profits and losses. It also promotes the concept of risk-sharing, which encourages investment in productive activities. Islamic Economics is based on the principles of Islamic finance, which includes the use of Islamic banking, Islamic insurance, and Islamic investment funds. Islamic banking is based on the concept of profit-sharing, which encourages investment in productive activities. Islamic insurance is based on the concept of risk-sharing, which encourages investment in productive activities. Islamic investment funds are based on the concept of asset-sharing, which encourages investment in productive activities. Some companies in the Islamic Economics market include Islamic Bank of Britain, Al Rayan Bank, Gatehouse Bank, and Ummah Finance. Show Less Read more