Morality of Capitalism – In the Context of a Muslim Mindset – Ali Salman

By Ali Salman For friends and foes alike, capitalism has been largely regarded as an efficient resource allocation mechanism which has played an important role in material advancement of human society over the last two hundred years. Even Karl Marx considered this system as the key to technological and material progress. However, capitalism has been often…

Islam and Free Market Economy: Friend or Foe? – Mustafa Acar & Bahadir Akin

By Mustafa Acar & Bahadir Akin Market economy and free trade are keys to create wealth, peaceful sharing of resources and minimize political disputes between nations. The collapse of the socialist system combined with the globalization has triggered a change and transformation process all over the world. The Arab world has also joined this process recently…