Transcript PowerPoint Presentation - Islamic Cadre (WWW.iCadre.ORG)

ISLAMIC ECONOMIC SYSTEM
1. Content
2. What is Economy?
3. About the Subject
4. Man made Economy vs Islamic Economy
ISLAMIC
ECONOMIC
SYSTEM
5. Concept of Money in Islam
6. Salient Features of Islamic Economic System
7. Introduction of Islamic Banking
8.
9.
10.
What is Economy?
The state of a country in
terms of the production
and consumption of
goods and services and
the supply of money.
Careful management of
available resources.
About The Subject
Constitutes 50% of our life
Divided the World based on Economy
Two Isms emerged and influenced
Capitalism
Communism
Man made (Western) Economy VS Islamic Economy
WESTERN
Separated from system of life
Based on Human experience
ISLAMIC
Part of a System of life
Given by the Creator
Subject to changes
Unchanged & Sound
Principles
No Mission
Mission Based
Selfish
No Accountability
Justice
Accountability - 2 questions
Concept of Money in Islam
It’s a Blessing
It's a Amanah
Money is not a commodity to buy & sell
Money should pass through the economy
Salient Features of Islamic Economic System
Link between
Have & Haven't
Should not circulate only
among the wealthy
people
Collective Zakah
System
Prohibitory
Orders:
Riba, Gambling, drugs
etc