Related Articles ( Zakat )
Zakat: Mechanism of the Islamic Economy to Eradicate Poverty
This paper examines the role of Zakat – the third pillar of Islamic- as an ideal God-reveled economic model aimed at balancing the disparity between rich and poor people in Muslim communities, thereby, setting a good example for other human societies to follow. This is presented as an effective ...
Bridging Theory and Practice: Prof. Khurshid Ahmad and The Renaissance of Islamic Economics
Objectives: This paper looks at how Prof. Khurshid Ahmad helped build Islamic Economics into a real academic and policy field. It examines how his four core principles -Tawhid (divine unity), Adl (justice), Khilafah (trusteeship), and the prohibition of Riba (interest)- were used to create ...