The System of the Political Economy of the Islamic State
Masood Mashkoor Siddiqui Sr.
Federal Urdu University of Arts Science & Technology
European Journal of Social Sciences, Volume 16, Number 3 (2010)
It is a fundamental belief of Muslims that, besides being a religion in the sense of a belief system, Islam is a way of life. It has its own political theory economic principals, and a well defined code of individual behavior in the society. Our problem here is to examine the broad principles of the system of political economy which may be regarded as appropriate for an Islamic state. We would conduct our study in a comparative fashion. Capitalism and socialism will be used to compare and construct the Islamic political economy. For illustrative purposes, we will draw upon the historical experience of Pakistan.
Number of Pages in PDF File: 11
Keywords: Political Economy, Islamic State
JEL Classification: P48, P59Accepted Paper Series
Date posted: August 4, 2012
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