Towards An Islamic Economy

Towards An Islamic Economy

Can a socioeconomic system based on Islamic principles successfully integrate social justice with economic activity, offering a genuine alternative to purely materialistic or quantity-focused economic models?

About the Book

Towards An Islamic Economy, authored by Muhammad Baqir Sadr and published in 2006 by Bethat Islamic Research Centre, distinguishes between a comprehensive socioeconomic system and the pure science of economics. The booklet explains that an Islamic socioeconomic system must incorporate social justice in the processes of production and distribution of wealth to improve the quality of life. In contrast, pure economics provides quantity-oriented assessments without addressing justice. The work clarifies these conceptual boundaries to guide understanding of how Islam offers a holistic economic framework.

What You Will Discover

• The fundamental distinction between a justice-oriented socioeconomic system and neutral economic science
• How Islamic principles ensure social justice in wealth production and distribution
• The goal of improving quality of life through ethical economic processes
• Why confusing theoretical economics with a full socioeconomic system is problematic
• The Islamic approach to balancing material progress with moral and social responsibility
• Practical implications for building an economy rooted in Islamic values
• Insights from one of the most important Islamic economists of the twentieth century

About the Author

Muhammad Baqir Sadr was a prominent Iraqi Shia scholar and thinker recognized as one of the most influential Islamic economists and philosophers of the twentieth century.

Who Is This Book For?

This book is ideal for students and researchers of Islamic economics, comparative economic systems, and anyone interested in exploring a faith-based alternative to prevailing economic models.