Law Commons^™

Circulation And Exchange In Islamic Economics, Dr. Rajab Shahwan

UAEU Law Journal

First, terms like circulation or exchange is not clear i n Islamic economics. In fact, no new terms, on carry any new connotations about them. They have existed in Muslim jurisprudence and can be deduced from subjects like sales and transactions in the books of Islamic jurisprudence. Their counterparts in modern day compilation s are .terms like Earnings, Livelihood, Subsistence, Morals and Ethics. Second, there is a lot of controversy going on around exchange and its position in Isla mic economics. There are t hose who consider exchange as a department of distribution and those who would take i t …

The Fair Distribution And Economic Efficiency In Positive Legal Systems And In Islam: A Comparative Perspective- عدالة التوزيع والكفاءة الاقتصادية في النظم الوضعية والإسلام, Prof. Abduljabbar Al-Sabhany

UAEU Law Journal

This research investigates the relationship between economic efficiency and distributive Justice. Whereas economists from different schools have invariably agreed upon the necessity of achieving economic efficiency and succeeded in developing objective criteria to measure it, they are far away from reaching a similar agreement with regard to the intent of just distribution and its impact on efficiency.

This research explores a basic hypo thesis that just distribution is prerequisite for economic efficiency, and that Islam, in, in its just distributive system, actualizes that.

The paper investigates also the dimensions of fair (just) distribution in Islam showing that both considerations, "efficiency …

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 …