Capitalism and Islamic Economics: A viewpoint

DOI

10.2991/icobame-18.2019.12How to use a DOI?

Keywords

Islamic economics; capitalism; economic value of time; profit-loss sharing; usury

Abstract

This paper is a viewpoint paper, which offers a discussion on capitalism and Islamic economics. Through discussions about economic value and profit-sharing, there are enough reasons to make Islamic economics as an answer to various social and economic problems. Islamic economics have spiritual values, ethics and social norms while capitalism ignores this. This paper reaffirms that Islamic economics is the answer to social and economic problems.

Copyright

© 2019, the Authors. Published by Atlantis Press.

Open Access

This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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TY  - CONF
AU  - Taofik Hidajat
PY  - 2019/07
DA  - 2019/07
TI  - Capitalism and Islamic Economics: A viewpoint
BT  - Proceedings of the International Conference on Banking, Accounting, Management, and Economics (ICOBAME 2018)
PB  - Atlantis Press
SP  - 57
EP  - 61
SN  - 2352-5428
UR  - https://doi.org/10.2991/icobame-18.2019.12
DO  - 10.2991/icobame-18.2019.12
ID  - Hidajat2019/07
ER  -