Das Wirtschaftsdenken im Islam

A. Ghanie Ghaussy

Chapter 16 in List Forum Band 30, 2004, vol. 3, pp 239-252 from List Gesellschaft e.V.

Abstract: Islamic economic ethics derives not only from the socio-poitical environment, in which Islam originated but also, and more concretely, from the teachings of the Sharia law. This law, though clear in its emphasis on the primacy of private property, also dictates that the use of private property must be linked with the practice of solidarity amidst the Islamic community, or Umma, to serve the preservation of social justice. Hence, the Islamic economic order foregrounds private decisions of the individual economic subject despite the orthodox idealogy of 'unity between church and state', a social imperative that neither decrees a complete socialization of private property nor demands the introduction of progressive taxes to secure the welfare structures within the Islamic communities. (Original text only available in german language)

Keywords: Islam; ethics; sharia law; private property (search for similar items in EconPapers)
Date: 2004
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