Economic Democracy in Islam
Abstract
Public law notions seen from shari’a law perspective have not been duly discussed in Islamic countries. Regarding the public finance in Islam and State owned banking system, in many Islamic countries both Shi’a concept banks and Sunni concept banks, while prohibiting usury have worked out a well established shari’a law compliant loan system in favor of the customers. Also economic democracy from shari’a law point of view finds its way through other means provided in shari’a rules (Shi’a or Sunni).
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DOI: http://dx.doi.org/10.18415/ijmmu.v11i6.5735
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