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    Eco 109 Principles of Islamic Economics 1 Review Questions

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    Mansur Bala
    This document outlines 10 review questions for the course "Principles of Islamic Economics 1" that cover key topics such as defining Islamic Economics, explaining its evolution and philosophical foundations, outlining its five principles and eight distinguishing features, how it addresses production questions, how it differs from capitalism and socialism, its goals, and primary Shari'ah sources that guide it. It also asks students to briefly explain the concepts of Falah, Tauhee Al-Rububiyyah, and Tauheed Al-Uluhiyyah.

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    Eco 109 Principles of Islamic Economics 1 Review Questions

    Uploaded by

    Mansur Bala
    9 views1 page
    This document outlines 10 review questions for the course "Principles of Islamic Economics 1" that cover key topics such as defining Islamic Economics, explaining its evolution and philosophical foundations, outlining its five principles and eight distinguishing features, how it addresses production questions, how it differs from capitalism and socialism, its goals, and primary Shari'ah sources that guide it. It also asks students to briefly explain the concepts of Falah, Tauhee Al-Rububiyyah, and Tauheed Al-Uluhiyyah.

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    This document outlines 10 review questions for the course "Principles of Islamic Economics 1" that cover key topics such as defining Islamic Economics, explaining its evolution and philosophical foundations, outlining its five principles and eight distinguishing features, how it addresses production questions, how it differs from capitalism and socialism, its goals, and primary Shari'ah sources that guide it. It also asks students to briefly explain the concepts of Falah, Tauhee Al-Rububiyyah, and Tauheed Al-Uluhiyyah.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as docx, pdf, or txt
    9 views1 page

    Eco 109 Principles of Islamic Economics 1 Review Questions

    Uploaded by

    Mansur Bala
    This document outlines 10 review questions for the course "Principles of Islamic Economics 1" that cover key topics such as defining Islamic Economics, explaining its evolution and philosophical foundations, outlining its five principles and eight distinguishing features, how it addresses production questions, how it differs from capitalism and socialism, its goals, and primary Shari'ah sources that guide it. It also asks students to briefly explain the concepts of Falah, Tauhee Al-Rububiyyah, and Tauheed Al-Uluhiyyah.

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    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
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    of 1

    ECO 109 PRINCIPLES OF ISLAMIC ECONOMICS 1

    REVIEW QUESTIONS

    1. Define the term Islamic Economics


    2. Explain the phases of the evolution of Islamic Economics
    3. With the use of flow chart, explain the philosophical foundation of Islamic
    Economics
    4. Discuss on the five (5) principles of Islamic Economics
    5. Explain eight (8) features of Islamic Economics that distinguishes it from
    main stream Economics
    6. How does Islamic Economics address the problem of what to produce, how
    to produce and for whom to produce?
    7. In a tabular form, give five (5) differences between Islamic Economics and
    the two economic systems of capitalism and socialism.
    8. Explain the goals of Islamic Economics
    9. Explain the primary and secondary sources of Shari’ah guiding the conduct
    of Islamic economics.
    10.Briefly, explain the following concepts
    i. Falah(Success)
    ii. Tauhee Al-Rububiyyah (Monotheism of Sustainance)
    iii. Tauheed Al-Uluhiyyah (Monotheism of Worship)

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