FE184. Economic Concepts in Islam

Socialism or Collectivism is the opposite of Individualism. Islam, however, maintains its own concept of Socialism which avoids the two extremes. In the Islamic conception of Socialism certain basic concepts such as milk, mata, riba, etc., are very essential.

This booklet undertakes to define these terms with reference to the Qur'an, the Sunnah of the Prophet and the practice of his Companions.

ISBN NO. 969-432-167-0.