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Markets and the role of government in an economy from Islamic perspective

  • Hasan, Zubair

This paper explains the notion of market in historical perspective and the role markets play in free enterprise economies. It lists the major market failures and the role governments are expected to play in regulating and supplementing markets including the promotion of CSR from Islamic perspective. The discussion is limited to product and factor markets.

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File URL: http://mpra.ub.uni-muenchen.de/12233/1/MPRA_paper_12233.pdf
File Function: original version
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Paper provided by University Library of Munich, Germany in its series MPRA Paper with number 12233.

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Date of creation: 15 Dec 2008
Date of revision:
Handle: RePEc:pra:mprapa:12233
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Web page: http://mpra.ub.uni-muenchen.de

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  1. Hasan, Zubair, 2006. "Sustainable development from an Islamic Perspective: meaning implications and policy concerns," MPRA Paper 2784, University Library of Munich, Germany.
  2. Islahi, Abdul Azim, 1983. "Ibn Taimiyah's concept of market mechanism," MPRA Paper 18466, University Library of Munich, Germany, revised 13 Mar 1984.
  3. Hasan, Zubair, 1992. "Profit Maximisation: Secular Versus Islamic," MPRA Paper 2820, University Library of Munich, Germany.
  4. Hasan, Zubair, 2005. "Islamic banking at the crossroads: theory versus practice," MPRA Paper 2821, University Library of Munich, Germany.
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