Lit: Islamic Economics. Tech: It has been
differently defined by different scholars. Some of the definitions
are a) Islamic economics is the knowledge and application of
injunctions and rules of. the shariah that prevent injustice in
the acquisition and disposal of material resources in order to
provide satisfaction to human beings and enable them to perform
their obligations to Allah and the society. b) Islamic economics
aims at the study of human falah achieved by organizing the
resources of earth on the basis of co-operation and participation.
(c) Islamic economics is the study of the behavior of Muslims who
organize the resources, which are a trust, to achieve falah
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