Next Publication In:
Days: 00
Hours: 00
Minutes: 00
Seconds: 00

ECONOMIC RESILIENCE DURING FINANCIAL CRISIS: ISLAMIC VS. CONVENTIONAL SYSTEM.

📘 Volume 13 📄 Issue 4 📅 april 2025

👤 Authors

Mahroof Ahmed 1
1. M.A. Economics HNBGU Uttarakhand, ECONOMICS, School of Humanity and Social Sciences

📄 Abstract

Actually economics is in practice since ancient time even though it emerged as a discipline in 1776 when a book titled wealth of nation was written by Adam Smith in 1776. Arthashastra was written by Kautilya long ago which deals with governance, economics and military strategy. Almost all religions directly or indirectly talk about how resources should be allocated and wealth should be re distributed to avoid economic inequality and achieve a balanced economic development giving justice to all the individuals in the society. The present paper lays emphasis on Islamic aspect of economics especially in its approach to deals with problem of financial crisis. Further, this paper attempts to draw a comparison between Islamic and conventional system.

🏷️ Keywords

Islamic Economics Conventional Economics Riba Mudaraba Musharaka Bai Muajjal Salam Istisna Ijara

🔗 DOI

View DOI - (https://doi.org/10.36713/epra20910)

📚 How to Cite:

Mahroof Ahmed , ECONOMIC RESILIENCE DURING FINANCIAL CRISIS: ISLAMIC VS. CONVENTIONAL SYSTEM. , Volume 13 , Issue 4, april 2025, EPRA International Journal of Economic and Business Review(JEBR) , DOI: https://doi.org/10.36713/epra20910

🔗 PDF URL

https://cdn.eprapublishing.org/article/202504-04-020910.pdf

📄 PDF Preview

Click the button above to load the PDF.