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| [Islam-Online- Economy] |
 | | Islamic economics is expected to do so through a new development concept and strategies, including a fresh approach to the issues of investment criteria, planning strategy, foreign aid, choice of technology, economic power, consumers' sovereignty, and the role of public policy. |
 | | Among the economic conditions are infaq (spending in the way of God), the prohibition of interest (riba), the fulfillment of covenants and trusts, the enforcement of justice, the encouragement of enterprise, and the concern for the environment. |
 | | The nonperformance of mainstream economics on crucial fronts, plus the recent collapse of the socialist alternative in the former Soviet Union and Eastern Europe, leaves a vacuum that many Muslim scholars, including Akram, think Islamic economics, bestowed with divine wisdom, alone is qualified to fill. |
| www.islamonline.net /IOL-english/qadaya/economy4/economy-2.asp (260 words) |
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