islamic economic system outline :kindly help me evaluate
1) introduction
2) principle of IES
*unlawful means of earning are prohibited
~ gambling,alcohlic business,cheat ,fraud,falsehood,theft,robbery ,smuggling etc
*earn by halal (lawful means)
~honesty
~just
~proper measurement of goods
~avoid milawat
*hoarding of basic necessities
*artificial creates shortages
*right of property and individual liberty
~work of individual and his earning are his own
~not allowed to waste his money
3) system of Zakat
~channelizing wealth from rich to poor
~its conditions
~benefits
~impact on society
*other means of welfare
~charity
~sadqah
~fitrah
~qarz e hasna
4) prohibition of interest (riba)
~why its prohibted,reasons,adverse effects,impact of it on society
5)law of inheritance
6) economic system during prophet (pBHU)
~market based economic system
~advantages to consumer
~beneficial for overall society
7) IES v/s capitalism and socialism
~how it can help to get rid from interest
8)challenges of modern world economic system
~concentration of wealth due to interest
~credit crunch/financial crisis due to interest
~unequal distribution of wealth
8) how can IES be a help to cope current credit crunch/cope financial crisis
~implementing market based economy
~countries like Germany ,where there is market based economy suffered less
~fast growing country e,g china has market based economy
10)conclusion
~restatement of subjects
~summary of above points
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