Islam is providing guideline and rule for every sphere of life and society especially economic. Islamic Economy, is a term used to refer to Islamic commercial jurisprudence. It is based on the rule called Shar'iah. Islam has set some standard based on justice and practically for economic system to be established and this standard is to prevent the enmity, which always happens among different socioeconomic section.

In an Islamic Economy, the interests of both individuals and communities are addressed, because individuals and communities are not foes and work in harmony. Furthermore, whenever there is a conflict of interest between an individual and the greater good of the community, priority is given to the community’s needs.

Equality: Everyone working within the Islamic Economy practices self-monitoring rather than needing to be monitored by someone else; hence the control and monitoring of the economy is very efficient and powerful. It serves a variety of goals and prevents individuals from escaping their duties, rights and responsibilities.

Islamic Economy is a benchmark for entire Islamic Trade System, consisting:

     • Zakat
     • Islamic Endowment / Waqf
     • Monetary
     • Islamic Finance & Investment
     • Financial Market
     • Islamic Banking
     • Islamic Insurance / Takaful
     • Halal, which includes...