Summary:
bit.do/azint – Modern economics is built on laissez-faire and scarcity. Both principles conflict with Islamic ideals. It is essential to differentiate needs and wants. Islam encourages fulfillment of needs but prohibits pursuit of idle desires. Excess consumption, not scarcity, is the fundamental economic problem
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Asad Zaman considers the following as important:
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bit.do/azint – Modern economics is built on laissez-faire and scarcity. Both principles conflict with Islamic ideals. It is essential to differentiate needs and wants. Islam encourages fulfillment of needs but prohibits pursuit of idle desires. Excess consumption, not scarcity, is the fundamental economic problem
Topics:
Asad Zaman considers the following as important:
This could be interesting, too:
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