Overview
Explain the need for Islamic Economic system Mention some of the Halal and Haram in economic transactions. Discuss that Tatifif is condemned in Islam. State the importance of Zakat and Sadaqah important institutions for social welfare. Explain that Baytul-mal is an institution for the safe keeping of treasury.
What you'll learn
- Features of Islamic Economic system.
- Halal
- Haram
- Tatfif
- Zakat
- Sadaqah
- Baytul-mal