Market & state — Islamic role?
Balanced interaction: markets operate within Sharia, with the state promoting justice and social welfare.
Islamic Economics — definition?
A social science based on Islamic worldview and ethics.
Property ownership — Islamic view?
Resources are trusts (*Amanah*) from Allah, with ethical, accountable use.
Falah — meaning?
Success and well-being in this world and after.
Islamic economics — goal?
Achieve *al-falah* (success and well-being) through justice and ethical resource management.
Trust (Amanah) — role?
Humans are trustees responsible for Allah’s resources.
Ownership types — in Islam?
Private, public, and common; all owned by Allah.
Wealth distribution — methods?
Zakat, sadaqah, waqf, inheritance laws.
Incentives — in Islamic economics?
Spiritual, moral, material, and legal motivations.
Decision-Making — approach?
Balanced, guided by Sharia, consultation (Shura).
Тествайте знанията си с 10 въпроса по Islamic Economics and Social Finance.
1. What do Islamic economic principles primarily emphasize?
2. What is the ultimate goal of Islamic economics as defined in the revision sheet?
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