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 58
... utility functions . This inter - dependence of utility func- tions accounts for benevolence in human behaviour , and does curb the tendencies towards selfishness and malevolence . A concern with money distributional shares alone would ...
... utility functions . This inter - dependence of utility func- tions accounts for benevolence in human behaviour , and does curb the tendencies towards selfishness and malevolence . A concern with money distributional shares alone would ...
Page 83
... utility ' in economic analysis and especially in Islamic econom- ics . In the case of Islamic economics , of course , the utility func- tion will have concern for all the members of the society . I personal- ly feel that to complete our ...
... utility ' in economic analysis and especially in Islamic econom- ics . In the case of Islamic economics , of course , the utility func- tion will have concern for all the members of the society . I personal- ly feel that to complete our ...
Page 169
... utility for them becomes equal to its price . It would have been possible for them to obtain additional utility if they had used it to the extent when its marginal utility becomes zero , without the society bearing additional costs , as ...
... utility for them becomes equal to its price . It would have been possible for them to obtain additional utility if they had used it to the extent when its marginal utility becomes zero , without the society bearing additional costs , as ...
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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