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Will He who created not know, whereas He has knowledge of everything, even the discreet things?
Allah Taala has created for us a system through which man will be comfortable despite his selfish, greedy nature.
Islamic Economy
Islam = Comprehensive way of life which governs all aspects of life.
Divinely guided = Solution to societies problems, provided correctly implemented.
Fundamental Differences
Islamic Economy
Divinely guided
Society based Equality Money is vehicle Moderation
Capitalism
Man made
Individual based Monopoly Money is objective Extravagance
Clarification
Islam teaches us not to make wealth our objective, but this does not mean that we should shun all business and trade. Example of ship and water. Exposition of this can be seen from Islamic history: A thriving empire Thriving economic system Existence of financial instruments from as early as the 2nd century