ABSTRACT
The concept of an Islamic economics is much debated and rightly so since it is a very significant and practical aspect of Islam itself. If the many references in the Qur’an to the desire to create a different and better form of society are to have a meaning, they will have economic implications. In fact, the idea of Islamic finance has gained a lot of respect in the banking crises that started in the twenty-first century, the implication being that it is more solidly based and less speculative than ordinary finance. There is also a negative type of argument according to which Islam has prevented some communities from flourishing economically since Islam is apparently so restrictive on what can be done with money and how property can be passed down to the next generation.
