The following key concepts under the philosophy of production in Islamic economics are true EXCEPT, producers should be wise and abide by Shari’ah rules in using resources in the production process. production process is part of the collective responsibilities of humankind as the Khalifah of Allah on earth. resources are entrusted as amanah and should be managed according to th

The following key concepts under the philosophy of production in Islamic economics are true EXCEPT, producers should be wise and abide by Shari’ah rules in using resources in the production process. production process is part of the collective responsibilities of humankind as the Khalifah of Allah on earth. resources are entrusted as amanah and should be managed according to th

Economics Today and Tomorrow, Student Edition

1st Edition

ISBN:9780078747663

Author:McGraw-Hill

Publisher:McGraw-Hill

Chapter1: What Is Economics

Section1.2: Trade-offs

Problem 3R

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