1st Edition

Social Justice and Islamic Economics Theory, Issues and Practice

Edited By Toseef Azid, Lutfi Sunar Copyright 2019
228 Pages
by Routledge

226 Pages 21 B/W Illustrations
by Routledge

226 Pages 21 B/W Illustrations
by Routledge

Under the rule of the current economic order, social injustice is ever-increasing. Issues such as poverty, inhumane working conditions, inadequate wages, social insecurity and an unhealthy labor market continue to persist. Many states are also unable to produce policies capable of resolving these problems. The characteristics of the capitalist system currently render it unable to provide social... Read more
 

List of illustrations



List of tables



List of contributors



Foreword



Preface





1 Social Justice in Islam: An Introduction



TOSEEF AZID & LUTFI SUNAR





2 A theory of justice in Islam



MASUDUL ALAM CHOUDHURY





3 Social justice, market, society and government: an Islamic perspective



TOSEEF AZID, OSAMAH HUSSAIN Al RAWASHDEH & MUHAMMAD OMER CHAUDHRY





4 Contractual freedom, market economy and social justice in Islam: the "invisible hand" of God-man’s agency relationship (Khilafah)



VALENTINO CATTELAN





5 How can Islamic banks achieve social justice?



KHOUTEM BEN JEDIDIA





6 How social aids affect people’s willingness to work: developing a social aid framework within the context of Islam



OMER FARUK TEKDOGAN &MEHMET TARIK ERSALAN





7 The role of waqf in socio-economic life in terms of poverty alleviation



HUSNU TEKIN





8 Interest and social justice: the impact of real interest rate on income inequality



OZAN MARASL





9 Productive zakat as a mechanism of social justice in Indonesia



AIMATUL YUMNA





10 Potential zakat collectible in OIC countries and poverty gap



SALMAN AHMED SHAIKH & QAZI MASOOD AHMED





11 Pursuing social justice through Islamic micro-takaful in the informal economy: social capital matter



YULIZAR D. SANREGO



12 Conclusion



TOSEEF AZID & LUTFI SUNAR





Index

Biography

Toseef Azid is Professor of Economics at the College of Business and Economics, Qassim University, Saudi Arabia.



Lutfi Sunar is Associate Professor of Sociology at the University of Istanbul, Turkey.