economic school of Islam Archives - Tolou International Institute

Advanced Course on Incomes of the Islamic System

The economic system of Islam has three main elements: Islamic economic worldview, the economic school of Islam, and Islamic economics. Economic jurisprudence focuses on the second element, which explains the relations between economic elements in society. It covers topics such as income, including khums, zakat, taxes, anfal, and the banking system. Ayatollah Sayyid Muḥammad Riḍā Mudarrisī Yazdī discussed these points in his book on the tax and budget system in Islam.