Islamic Economics

EENI Business School & HA University



Syllabus of the Subject: Islamic Economics. Zakat. Hawala. Waqf Fund (Master, Doctorate).

  1. Principles of Islamic Economics
  2. Importance of the Zakat
  3. Islamic Banking
  4. Hawala
  5. Waqf Fund
  6. Islamic Economists
    1. M. Umer Chapra
    2. Kurshid Ahmad
    3. Muhammad Abdul Mannan
  7. Islamic Consumer Behaviour
  8. Halal Certificate
  9. Islamic Chamber of Commerce and Industry
  10. Arab Development Funds

The Subject “Islamic Economics” is part of the following Online Higher Education Programs taught by EENI Business School & HA University:
  1. Course: Islam & Business
  2. Masters: Business in the Muslim Countries, International Business, Foreign Trade, Religions & Business
  3. Doctorates: Islamic Business, Ethics, Religion & Business, Global Trade

Learning materials in Master in International Business in English or Study Master Doctorate Business in Spanish Economía Islámica Study, Master in International Business in French Économie islamique Masters Foreign Trade in Portuguese Islão

Online Arab Student, Master International Business

Why study “Islam, Ethics and Business”?

Example of the Online Subject: Islamic Economics (Islamic Development Bank)
Islamic Economics Zakat





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Paterson Ngatchou: EENI Academic Coordinator for Anglophone Countries
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Description of the Online Subject: Islamic Economics.

The principles of Islamic Economics are based on the Quran, Sharia, Sunnah, and Hadith (Muhammad's examples and words), like any other aspect of Islam (Islamic Civilisation).

Member countries of the Organisation of Islamic Cooperation: Afghanistan, Algeria, Chad, Egypt, Guinea, Indonesia, Iran, Jordan, Kuwait, Lebanon, Libya, Malaysia, Mali, Mauritania, Morocco, Niger, Pakistan, Palestine, Saudi Arabia, Senegal, Sudan, Somalia, Tunisia, Turkey, Yemen, Bahrain, Oman, Qatar, Syria, United Arab Emirates, Sierra Leone, Bangladesh, Gabon, Gambia, Guinea-Bissau, Uganda, Burkina Faso, Cameroon, Comoros, Iraq, Maldives, Djibouti, Benin, Brunei Darussalam, Nigeria, Azerbaijan, Albania, Kyrgyz Republic, Tajikistan, Turkmenistan, Mozambique, Kazakhstan, Uzbekistan, Suriname, Togo, Guyana, and Ivory Coast.

As we have seen, the concept of economic system in the West and the Islamic Civilisation is very different, while the first tends to a secularisation of the economy, in the Islamic Countries the religion should play a fundamental role.

Therefore, some scholars speak of an Islamic Economics (since the 60s), which seeks the economic progress, but preserving the morality and the Islamic values, with its characteristics and differentiated in relation to the capitalist economy of the Western Countries or the socialist economy.

Buddhism also developed the concept of a Buddhist Economics.

The central features of Islamic Economics are:

1- Rules of conduct and ethics derived from the Quran and Sunnah

2- Zakat tax as the basis of the Islamic fiscal policy

A good Muslim should pay annually 2.5% of his assets of his net wealth, to benefit the poorest brothers. This act is considered mandatory from a legal standpoint.

For the agricultural products, precious metals, minerals, and livestock, the Zakat vary between 2.5 (1/40) and 20%, depending on the type of goods.

3- Prohibition of interest (Riba).

Harmony of Religions (e-Doctorate)

Masters and Doctorates in International Business adapted for...

  1. OIC Asian Students: Brunei, Master Doctorate Business Brunei Darussalam, Indonesia, Master Doctorate Business Indonesia, Malaysia Online Students, Master / Doctorate Malaysia, Bangladesh Online Master / Doctorate in Business Bangladesh, Iran, Master Doctorate Business Iran, Maldives, Master Doctorate Business Maldives, Pakistan, Master Doctorate Business Pakistan, Kazakhstan Master International Business Kazakhstan, Kyrgyzstan Master Doctorate International Business Kyrgyzstan, Tajikistan, Master Doctorate Business Tajikistan, Turkmenistan, Master Doctorate Business Turkmenistan, and Uzbekistan, Master Doctorate Business Uzbekistan
  2. OIC African Students: Cameroon, Master Doctorate Business Cameroon, Gambia, Master Doctorate Business The Gambia, Egypt, Master Doctorate Business Egypt, Libya, Sudan, Master Doctorate Business Sudan, Somalia, Master Doctorate Business Somalia, Nigeria Doctorates, Online Master Nigeria, Sierra Leone, Master Doctorate Business Sierra Leone, Uganda, Master Doctorate Business Uganda

Ethics Islam

Mohammad Abdul Mannan:
Mohammad Abdul Mannan Muslim Banker

Arab Fund for Economic and Social Development

Religions and International Business



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