PRODUCTION IN ISLAMIC ECONOMICS AND ITS PRINCIPLES

Authors

  • Berdiyarov Ilhom Hayrullayevich Researcher, International Islamic Academy of Uzbekistan

Keywords:

production, resources, means of production

Abstract

This paper explains the definition of production and its importance for the economy. It elaborates the essence of production in Islamic economy and the meaning of the verses about production. The principles of production in Islamic economics are explained through examples. It is shown their importance in ensuring economic and social well-being, environmental protection, and effective use of resources.

References

Hafiz Muhammad Yasin, Atiq-uz-Zafar Khan. Fundamentals of Islamic Economics and Finance. IRTI, IDB. –Jeddah, 2016.

Rizky Maidan Ilmy, Iwan Setiawan. The Concept of Production, Distribution, and Consumption in Islamic Economics. Review of Islamic Economics and Finance (RIEF) Vol. 2, No. 1, June 2019.

Abdul Ghafar Ismail, Noraziah Che Arshad. Islamic Economics System: from Principles to Microeconomics and Macroeconomics Fields. International Conference on Islamic Economics, Banking and Finance. Malaysia. 2009.

Hasan Zubair. Treatment of Consumption in Islamic Economics: An Appraisal. Islamic Economics, Vol. 18, No. 2, pp. 29-46. 2005.

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Published

2024-06-20

How to Cite

Berdiyarov Ilhom Hayrullayevich. (2024). PRODUCTION IN ISLAMIC ECONOMICS AND ITS PRINCIPLES. World Economics and Finance Bulletin, 35, 145-147. Retrieved from https://scholarexpress.net/index.php/wefb/article/view/4336

Issue

Vol. 35 (2024): WEFB

Section

Articles

License

Creative Commons License

This work is licensed under a Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International License.