Comparative Analyses of The Islamic System with Other Economy System in The World

There are rumours that Islamic economic systems exist in developed nations with sizable Muslim populations. I have made an effort to regard the system primarily as a theoretical construct organize perspectives of many social philosophers on various significant concerns other structures. The Holy Quran and modern science serve their respective grounds, regardless theories linked these beliefs. In this article, we tried distinguish between systems, keep concepts straightforward, explain them all. One traits capitalist economy is free competition suppliers consumers. core idea socialism socioeconomic which control owns both money property. Poverty one socialism's unfavourable side effects, despite its ideals encouraging facilitating corruption at highest echelons want-to-be regimes. unbridled benefits wealthy while unfortunate exploited endure. Due structured particular knowledge sources, system, comparison, independent society, state, even people. Islam successfully controls people completely, provides means for safeguard property rights, promotes acquisition development moral prosperity. requires sound management now more than ever. reasons, strong candidate replace capitalism socialism. comparative technique was applied essay. contrast "the dynamism capitalism" egalitarianism socialism," argument goes, has created positive outcomes. This study suggests those countries implement model because it been scientifically demonstrated be superior systems. research imparts insight academicians, aspiring researchers, decision-makers.