Capitalist and Islamic Economy
Capitalist and Islamic Economy
Hello Steemians
My name is Muhammad Zulqarnain and I am going to talk about the Capitalist and Islamic Economy of the World.
Islam does not deny the market forces and market economy. Even the profit motive is acceptable to a reasonable extent. The basic difference is that in secular capitalism. Their liberty is not control by any divine injunctions.
After recognizing private ownership, profit motives and markets forces, Islam has put certain divine restrictions on the economic activities.
This is exactly what Islam does.
Thanks
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