Basic of Sharia economy


Basic concept of Islamic economics is a system of economics based on the principles of Islamic Shariah. These principles include:
  1. Tauhid, which is the belief that only Allah has power over everything and humans are His servants. Therefore, Islamic economics emphasizes the importance of doing business in a halal way and avoiding riba or financial practices that harm others.

  2. Justice, which is the principle that everyone should be treated fairly in terms of wealth distribution and opportunity. This means that Islamic economics emphasizes the importance of justice and cooperation in doing business.

  3. Zakat, which is the obligation to pay zakat or mandatory contributions taken from one's wealth. This concept teaches the importance of sharing wealth with those in need.

  4. Khilafah, which is the principle that humans are Khalifah or leaders on earth who are responsible for the sustainability of the environment and social life.

  5. Akhirat, which is the belief that every human action has an impact on life after death. Therefore, Islamic economics emphasizes the importance of doing business in a good way and avoiding actions that harm others.

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