Why Muslims Should Support Capitalism

Author: Mohammad Malayeri* This article was first published in the website of ESFL. It is very interesting that the many critics of capitalism come in different groups, ideas, and belief systems. Some muslim intellectual thinkers argue that the religion of Islam is pro-socialist and very anti-capitalist.  This is actually not the case. If you look…

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Market and Morality

Author: Hakan Şahin* (*) Hakan Şahin is a PhD candidate in Islamic Economics and Finance in Istanbul University. He lectures and publishes on Islam and free market economy; natural rights, civil society, as well as the history of money and banking and runs related seminars in Association for Liberal Thinking. He is also the editor…

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Property Rights from an Islamic Perspective

Author: Dr. Maszlee Malik, Institute for Democracy and Economic Affairs & Istanbul Network for Liberty * This case study has been published in the 2016 International Property Rights Index.   Abstract Amongst the cardinal principles of “free market” is the individual’s right to own private properties. There will be no freedom if individuals do not…

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Can Muslims Be Free Marketeers

“The biggest fear in the Muslim world is the association in their minds of free markets with imperialism,” says Dr. Imad-ad-Dean Ahmad, president of the Minaret of Freedom Institute. “But those of us familiar with the history of libertarian thought know that true devotees of the free market have always been opposed to imperialism.”  …

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Is Islam Compatible with Capitalism

The Middle East’s future depends on the answer Author: Guy Sorman* The moment you arrive at the airport in Cairo, you discover how little Egypt—the heart of Arab civilization—is governed by the rule of law. You line up to show your passport to the customs officer; you wait and wait and wait. Eventually, you reach…

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