islamic economics

in hede-io •  6 years ago 

Islamic economics is an economy that is structured based on the system of the order of the provisions of Islamic religion. Islamic economics puts forward a middle principle or is called falah. this middle principle is not interpreted as a social economic implementation, because Islamic economics also still recognizes the existence of private ownership rights.
Islamic economics has a more universal and elastic nature. because this economy is able to withstand the shock of the global financial crisis.


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