BNK611 – Economic Ideology in Islam offers a comprehensive introduction to the core concepts of Islamic economic thought, including justice, equity, prohibition of interest (Riba), wealth distribution, Zakat, Islamic banking, and ethical investment principles. The book provides a comparative analysis between Islamic and conventional economic systems, highlighting how Islamic principles promote social welfare, economic stability, and moral responsibility.
BNK611 explains the Quranic foundations of economic activity, role of the state in an Islamic economy, market regulation, and the importance of Halal and Tayyab earning. Students will benefit from the inclusion of case studies, Islamic economic models, and practical examples relevant to today’s banking and finance sectors.
BNK611 – Economic Ideology in Islam textbook is a valuable resource for students of Islamic finance, banking, economics, and Shariah law, and is perfectly aligned with VU‘s academic curriculum. It promotes a deep understanding of how faith and economics intersect in Islam, preparing students to apply these principles in real-life economic practices.