Market & state — Islamic role?
Balanced interaction: markets operate within Sharia, with the state promoting justice and social welfare.
Property ownership — Islamic view?
Resources are trusts (*Amanah*) from Allah, with ethical, accountable use.
Islamic economics — goal?
Achieve *al-falah* (success and well-being) through justice and ethical resource management.
Islamic Economics — definition?
A social science based on Islamic worldview and ethics.
Falah — meaning?
Success and well-being in this world and after.
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).
Test your knowledge with 10 questions on Islamic Economics and Social Finance.
1. What do Islamic economic principles primarily emphasize?
2. What is the primary function of property ownership and trusteeship in Islamic economics?
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