Publisher's Synopsis
The document is extracted from lectures for MBA students at the academy of Science in Sudan. Though the papers did not carry all aspects of Islamic Investment and finance, however, following scientists can complete gaps and build up more. A central thesis of this book is that social science embodies the study of human experience, and hence is strongly conditioned by history. Modern Western political, economic and social structures have emerged as a consequence of the repudiation of religion associated with Enlightenment and are based on secular principles. Many of these are hostile to Islamic principles, and cannot be adapted to a Muslim society. The latter achieved freedom from colonial rule in the first half of the twentieth century and many have sought to construct institutions in conformity with Islam. The development of Islamic economics is part of this process of transition away from Western colonial institutions. This book is a survey of the literature on Islamic economics, which focuses on the contrasts between Western economic theories and Islamic approaches to the organization of economic affairs .
