The traditional concept of Riba (interest) is an excess amount on loan, which creditor receives from debtor on the repayment of loan. There is almost a consensus on the sprit of this concept that it is traditional thought or school; but along with that some other point of views also exist, which...

The traditional concept of Riba (interest) is an excess amount on loan, which creditor receives from debtor on the repayment of loan. There is almost a consensus on the sprit of this concept that it is traditional thought or school; but along with that some other point of views also exist, which...

Infaq is one of the basic terms of Quran, which is used in Quran, at almost sixty places. It is basically pious spending in the way of Allah. It has a significant importance in Islamic economic principles, with reference to redistribution of wealth and elimination of poverty. At different places...

Attempt has been made to investigate the Islamic Economics System from the perspectives of Maulana Maududi. He is one of the greatest thinkers that Islamic world has ever produced. He was a great scholar, and has written a large number of books, articles and booklets on different aspects of...

Infaq is one of the basic terms of Quran, which is used in Quran, at almost sixty places. It is basically pious spending in the way of Allah. It has a significant importance in Islamic economic principles, with reference to redistribution of wealth and elimination of poverty. At different places...

The traditional concept of Riba (interest) is an excess amount on loan, which creditor receives from debtor on the repayment of loan. There is almost a consensus on the sprit of this concept that it is traditional thought or school; but along with that some other point of views also exist, which...

As an modernist Muslim thinker the name of G. A. Parwez is well known in the literary circle. But whereas his thoughts are concerned a lot of contentions are with him. The same situation is with his economic ideas, which have significant difference from the traditional approach. He has presented...

Beginning with an overview of the economy of Pakistan, the book details its natural, human and capital resources. Development with respect to agricultural, industrial, transport & communications and trade sectors is also discussed in detail. The book also provides substantial knowledge on...

It is normally accepted that, Islam recognized the private ownership of land just like other items. Private ownership is an accepted institution in Islam. No doubt this institution is well admitted in Holy Book, however, it does not accept the private ownership of land. Arguments which are given...

Qur'an has used two terms al-bay & al-riba to represents reward of labor & capital respectively. According to Qur'an reward of each & every capital (asset) is included in alriba and it is not just restricted to debt as the prevailing concept of riba claims. Same as it does not mean that just...