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CAPITALISM AND ISLAM

CAPITALISM AND ISLAM. Debates over Islam's economic implications are even more heated and inconclusive than debates over its social and political implications. Traditional texts and authorities provide countless blueprints for an ideal Muslim family and polity but not for an Islamic economy. The Qur'an explicitly endorses few economic values beyond private property, commercial honesty, and competition tempered by concern for the disadvantaged. The hadith extol the virtues of pious merchants in t ...more

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