What is Islamic Economic System? Meaning, Definition, and Example

The Islamic economic system refers to a framework of economic principles and practices guided by the teachings of Islam. It aims to create a just and balanced economy

For complete lecture,https://www.youtube.com/watch?v=BEqvXsO0XdA

where wealth is distributed equitably and resources are used responsibly. The definition of the Islamic economic system emphasizes the prohibition of interest (riba), gambling (maysir), and unethical practices,

while promoting fairness, social justice, and the welfare of society. Central to this system is the idea of ensuring that economic activities align with Islamic moral and ethical values, which include honesty, transparency, and compassion.

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Institute of Islamic Banking and Finance
https://aims.education/islamic-banking-and-finance-institute/
Certified Islamic Banker (CIB)
https://aims.education/islamic-banking-certification-courses/
Certified Islamic Finance Expert (CIFE)
https://aims.education/islamic-finance-certification-courses/
Master Diploma in Islamic Finance (MDIF)
https://aims.education/diploma-in-islamic-banking-and-finance/
MBA in Islamic Banking and Finance
https://aims.education/islamic-banking-and-finance-mba-masters-degree/
PhD Islamic Finance
https://aims.education/phd-islamic-finance-and-banking/