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Several monetary guidelines designed in Islamic economic science a long time before these people have in old-fashioned economics

Several monetary guidelines designed in Islamic economic science a long time before these people have in old-fashioned economics

The Fallacy of the a€?Great Gapa€™ Theory

Several economic ideas developed in Islamic business economics a long time before they managed to do in old-fashioned economics. These include many aspects contains interdisciplinary tactic; land legal rights; department of work and specialization; the value of preserving and investments for development; the role that both need and supply play from inside the drive of cost and so the factors that shape interest and offer; the roles of capital, swap, along with market process; personality of money, counterfeiting, money debasement, and Greshama€™s rule; the emergences of assessments, characters of loan and banks and loans; labor supplies and public; the part on the condition, justice, calm, and steadiness in advancement; and principles of taxation.we t is not possible to grant thorough policy of all of the efforts Muslim scholars made to economics. Continue reading →