Islamic Macroeconomics

A Model for Efficient Government, Stability and Full Employment

Business & Finance, Accounting, Governmental, Financial, Finance & Investing, Banks & Banking
Cover of the book Islamic Macroeconomics by Raja M. Almarzoqi, Walid Mansour, Noureddine Krichene, Taylor and Francis
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Author: Raja M. Almarzoqi, Walid Mansour, Noureddine Krichene ISBN: 9781351589499
Publisher: Taylor and Francis Publication: March 22, 2018
Imprint: Routledge Language: English
Author: Raja M. Almarzoqi, Walid Mansour, Noureddine Krichene
ISBN: 9781351589499
Publisher: Taylor and Francis
Publication: March 22, 2018
Imprint: Routledge
Language: English

Islamic Macroeconomics proposes an Islamic model that offers significant prospects for economic growth and durable macroeconomic stability, and which is immune to the defects of the economic models prevailing both in developed and developing countries. An Islamic model advocates a limited government confined to its natural duties of defence, justice, education, health, infrastructure, regulation, and welfare of the vulnerable population. It prohibits interest-based debt and money, and requires full liberalization of all markets including labor, financial, commodity, trade, and foreign exchange markets. The government should be Sharia-compliant in its taxation power and regulatory intervention; it ought to reduce unproductive spending in favor of productive spending.

This book is essential reading for students and academics of Islamic economics and finance, economists, practitioners, and researchers.

View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart

Islamic Macroeconomics proposes an Islamic model that offers significant prospects for economic growth and durable macroeconomic stability, and which is immune to the defects of the economic models prevailing both in developed and developing countries. An Islamic model advocates a limited government confined to its natural duties of defence, justice, education, health, infrastructure, regulation, and welfare of the vulnerable population. It prohibits interest-based debt and money, and requires full liberalization of all markets including labor, financial, commodity, trade, and foreign exchange markets. The government should be Sharia-compliant in its taxation power and regulatory intervention; it ought to reduce unproductive spending in favor of productive spending.

This book is essential reading for students and academics of Islamic economics and finance, economists, practitioners, and researchers.

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