{"product_id":"9781118732984","title":"Introduction to Islamic Economics: Theory and Application","description":"\u003cb\u003eGain deeper insight into the principles and theory of Islamic economics\u003c\/b\u003e \u003cp\u003e\u003ci\u003eIntroduction to Islamic Economics: Theory and Application\u003c\/i\u003e provides an overview of the organizing principles and fundamentals of an Islamic economy. With deep discussion of the characteristics, rationale, key institutions, objectives, and instruments at work, the book addresses the core economic principles underlying a system based on the foundational teachings of Islam, and examines the implications for economic policies. Social welfare, economic justice, market functionality, efficiency, and equity are explored from an Islamic perspective, and the role and instruments of fiscal and monetary policy in Islamic systems are used to illustrate contemporary applications.\u003c\/p\u003e \u003cp\u003eUniversities around the globe are offering courses on Islamic economics and finance, but despite the industry's rapid growth, most research has been focused on the financial principles rather than underlying economic principles. The first book of its kind, \u003ci\u003eIntroduction to Islamic Economics\u003c\/i\u003e brings all the key concepts together into one reference volume. By outlining the ways in which Islamic finance and Islamic economics interrelate, this book can help readers to:\u003c\/p\u003e \u003cul\u003e \u003cli\u003eDevelop an understanding of the Islamic economic system and its institutional scaffolding\u003c\/li\u003e \u003cli\u003eDifferentiate between the major characteristics of the dominant conventional economy and one based on the fundamental sources of Islam\u003c\/li\u003e \u003cli\u003eUnderstand the conditions that must be met for a just, well-balanced, stable, and growing economy\u003c\/li\u003e \u003cli\u003eClarify the role of State, public policy, and risk-sharing in the Islamic financial system\u003c\/li\u003e \u003c\/ul\u003e \u003cp\u003eThe Islamic financial system is expanding quickly, and those looking to increase their relevance in a changing economic landscape must get up to speed. \u003ci\u003eIntroduction to Islamic Economics\u003c\/i\u003e provides a comprehensive overview of underlying economic system offering a deeper understanding of the feature of the system. This book is an excellent complement to \u003ci\u003eIntroduction to Islamic Finance, 2E by Iqbal and Mirakhor.\u003c\/i\u003e\u003c\/p\u003e","brand":"Wiley","offers":[{"title":"Default Title","offer_id":47136326975728,"sku":"9781118732984","price":47.49,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0737\/7593\/9824\/files\/9781118732984_p0.jpg?v=1763695115","url":"https:\/\/shop-qa.barnesandnoble.com\/products\/9781118732984","provider":"Barnes \u0026 Noble (DEV)","version":"1.0","type":"link"}