What is Islamic Economic System

It’s common for westerners to assume that their own ‘standard’ approach to banking is followed the world over. In reality, the truth is quite the opposite. In the case of Islamic banking, no contemporary financial sector has seen the same kind of meteoric growth or expansion over recent years. Spectacularly lucrative and of unique importance, the Islamic financial sector holds limitless career potential for those with relevant expertise and experience. The deeper your knowledge of the Islamic economic system, the greater your potential for a rewarding life-long career. Whatever your specific area of interest, the Islamic banking sector is very much open for business!

Take your knowledge of the Islamic economic system to a more advanced level with this inspiring tutorial. Study a series of key concepts and topics, including Islamic Shari’a and its objectives, sources of Shari’a Tenets and why studying Islamic economics is important. Explore ownership of resources and property rights, paraphernalia of Islamic economics, the Islamic welfare approach, factors of production, restrained individual freedom and more.