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Islamic Economic Institutions and the Elimination of Poverty

Amazon.com Price: $24.43 (as of 12/05/2019 18:33 PST- Details)

Categories: Books, Business and Money, Economics, Finance, International, Islam, Islamic Banking and Finance, Law, Macroeconomics, Religion and Spirituality, Subjects, Teen and Young Adult

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Description

This book highlights the Islamic means towards poverty elimination. Articles included within the volume point out that Islamic establishments such as zakah (mandatory wealth tax), elimination of riba (interest), awqaf (endowments), takaful (insurance), and irfaq (charity) play a very powerful role in reducing poverty levels and source of revenue distribution.

It options articles by many outstanding students, together with Mohammad Hashim Kamali (an authority on Islamic finance), Mohammad Daud Bakar (a member of Malaysia’s central bank), and Dr. Seif El-Din Ibrahim Tag El-Din (the 2015 winner of the IDB Islamic Economics Prize).

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