Publisher's Synopsis
The current state of dissatisfaction with economic issues are not due to primarily economic reasons, but instead, on how whole societies and communities have come to revolve only around the individual's well-being. Islamic Perspectives on a Moral Approach to Economics provides an overview of how followers of Islam think, earn, and treat others with whom they are doing business, and analyses how the moral climate is key for doing business in the Islamic economy and market. The book also discusses the concept of a moral market against that of the Islamic moral market, its advantages over the conventional market and moral market, and analyses its role in redistributive justice. Islamic Perspectives on a Moral Approach to Economics is a new and novel contribution to the global debate on how moral values and religion can increase behavior that reduce the state of selfishness currently prevalent in economic affairs.