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Law and Economics

2021

United Arab Emirates University

Islamic priorities

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Private Investment: Its Determents And Its Direc-Tors In The Islamic Economic System: A Comparative Study, Abduljabbar Al-Sabhany Mar 2021

Private Investment: Its Determents And Its Direc-Tors In The Islamic Economic System: A Comparative Study, Abduljabbar Al-Sabhany

UAEU Law Journal

By discovering the basic relationships among private investment and others macroeconomics Variables, this research try to formulate an Islamic economic theory which consists with the economic doctrine of Islam.

This Study analyzed theoretically the effects of Islamic rules and values in the economy. The prohibiting of Riba (Interest), Iqtinaz (Hoarding) and the control of Alsarff (Exchange) will make the monetary system more efficient. The imposing of Zakah and prohibiting speculation will increase the supply of inactive capital.On the other hand the impacts of Islamic distribution system and the norms of consumption controlled with Islamic values raises the effective demand …