Towards a Maqāṣid al-Sharīʿah Index of Socio-Economic Development: Theory and Application by Salman Syed Ali
English | PDF,EPUB | 2019 | 436 Pages | ISBN : 3030127923 | 13.61 MB
Islamic economics, which is a discipline for studying economic behaviour from an Islamic perspective, advocates comprehensive human development defined by advancement and progress in multiple dimensions beyond GDP, income, or standard of living. Not only should socio-economic progress be in all dimensions but it should also have a higher purpose. A society is considered economically and socially developed if adequate protections are provided for faith, life, intellect, progeny, and wealth.