Economics And Economic Policy: Islamic Perspective

Description

This book is the product of a collaborative effort by distinguished academics researching in the field of Islamic economics. It develops a unique theoretical model based on Islamic ethical values to enable more resilient financial factors and goods markets. The book discusses all components of Islamic economics as an alternative to conventional economics. As such it would inspire the economists to think beyond utility, profit maximization, and growth per se. The book invites the students of economics and researchers to develop the growth models that could suit their economies on the different dimensions of Islamic economics, and empirically test them where data is available. By doing this, it enables the policymakers to prepare and implement policies in an economy for sustainable and shared growth, and welfare on broader levels.