Almarzoqi, Raja M.
Islamic macroeconomics : a model for efficient government, stability and full employment Raja M. Almarzoqi, Walid Mansour and Noureddine Krichene - London : Routledge, c2018. - x, 207 p. : ill. ; 25 cm. - Islamic business and finance series .
Preface -- Nature and dangers of statism -- The government from a sharia perspective -- Sharia free market model -- Zakat : a mandatory redistributive principle of a Sharia model -- Fiscal policy from a sharia perspective -- Nature of money in sharia -- On the nature of inflationary financing -- On the nature of financial repression -- Sharia banking and capital markets sector -- A fully liberalized labor market -- Sharia free trade and foreign exchange policy -- Growth policy and private sector development -- Conclusions -- Index.
Islamic Macroeconomics proposes an Islamic model that offers significant prospects for economic growth and durable macroeconomic stability, and which is immune to the defects of the economic models prevailing both in developed and developing countries. An Islamic model advocates a limited government confined to its natural duties of defence, justice, education, health, infrastructure, regulation, and welfare of the vulnerable population. It prohibits interest-based debt and money, and requires full liberalization of all markets including labor, financial, commodity, trade, and foreign exchange markets. The government should be Sharia-compliant in its taxation power and regulatory intervention; it ought to reduce unproductive spending in favor of productive spending.
9781138106482
2017020761
Economics--Religious aspects--Islam
Banks and banking--Religious aspects--Islam
Macroeconomics
339.091767 AL IS
Islamic macroeconomics : a model for efficient government, stability and full employment Raja M. Almarzoqi, Walid Mansour and Noureddine Krichene - London : Routledge, c2018. - x, 207 p. : ill. ; 25 cm. - Islamic business and finance series .
Preface -- Nature and dangers of statism -- The government from a sharia perspective -- Sharia free market model -- Zakat : a mandatory redistributive principle of a Sharia model -- Fiscal policy from a sharia perspective -- Nature of money in sharia -- On the nature of inflationary financing -- On the nature of financial repression -- Sharia banking and capital markets sector -- A fully liberalized labor market -- Sharia free trade and foreign exchange policy -- Growth policy and private sector development -- Conclusions -- Index.
Islamic Macroeconomics proposes an Islamic model that offers significant prospects for economic growth and durable macroeconomic stability, and which is immune to the defects of the economic models prevailing both in developed and developing countries. An Islamic model advocates a limited government confined to its natural duties of defence, justice, education, health, infrastructure, regulation, and welfare of the vulnerable population. It prohibits interest-based debt and money, and requires full liberalization of all markets including labor, financial, commodity, trade, and foreign exchange markets. The government should be Sharia-compliant in its taxation power and regulatory intervention; it ought to reduce unproductive spending in favor of productive spending.
9781138106482
2017020761
Economics--Religious aspects--Islam
Banks and banking--Religious aspects--Islam
Macroeconomics
339.091767 AL IS