Distributive Justice and Need Fulfilment in an Islamic EconomyMunawar Iqbal International Institute of Islamic Economics, International Islamic University, 1986 - Business & Economics - 378 pages Containing some of the papers presented to the second International Conference on Islamic Economics held in Islamabad in 1983, this text reflects Muslim thinking on some of the most important economic issues of the late 20th century. |
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Page 108
... cost of production . It is from this point of view that economic rent is a price - determined cost , i.e. , the prices of agricultural products determine the economic rent of land , ( see ( a ) Samuelson , p . 563 ) . It should be clear ...
... cost of production . It is from this point of view that economic rent is a price - determined cost , i.e. , the prices of agricultural products determine the economic rent of land , ( see ( a ) Samuelson , p . 563 ) . It should be clear ...
Page 170
... costs are negligible ) otherwise he will not undertake the project in the first place . It is , then , necessary that we permit him to sell his water . However , it is well known in economics that if the marginal cost for the production ...
... costs are negligible ) otherwise he will not undertake the project in the first place . It is , then , necessary that we permit him to sell his water . However , it is well known in economics that if the marginal cost for the production ...
Page 173
... cost takes the form of inability of the owner to use these fixed assets during the period for which they have been loaned out , i.e. oppor- tunity cost . In some cases the cost to the owner may not be small , as in the situation where ...
... cost takes the form of inability of the owner to use these fixed assets during the period for which they have been loaned out , i.e. oppor- tunity cost . In some cases the cost to the owner may not be small , as in the situation where ...
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Common terms and phrases
agricultural ahadith Ahmad Allah amanah assets banks basic needs basis capital concept contractual rent cultivation discussion distribution of income distributional equity economic rent economists effect efficiency ensure equal example factors of production Fiqh fixed funds goals guarantee Hasan human effort Imam important income distribution increase individual inequalities interest-free International Islamic University investment iqta Islamabad Islamic banking Islamic economics Islamic society Islamic system Islamic University Islamabad Jeddah jurists Kitab labour land landlord level of living maniha Mannan marginal measures minimum level monetary mudarabah Muhammad Muslim countries natural resources need fulfilment needy nomic obligatory opinion output owner Pakistan paper perfect competition poor poverty principle problem profits programme prohibited rate of interest redistribution relative riba rich sadaqah savers sector share shari'ah Shatibi Siddiqi social sunnah surplus tion utility wages wealth zakah Zarqa