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Islamiat for CSS & PMS
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Module 7
Islamic Economic System
1
Islamic Economics: Foundations and Features
Analyze the philosophy, objectives, and distinctive features of the Islamic economic system, grounding the analysis in Quranic principles and Prophetic traditions.
2
Islamic Economics vs. Capitalism & Socialism: A Comparative Analysis
Compare the Islamic economic system with Capitalism and Socialism, focusing on ownership, wealth distribution, and the role of the state.
3
Zakat: Obligation, Rationale, and Poverty Eradication in Pakistan
Explain the obligatory nature and socio-economic rationale of Zakat and evaluate its potential as a poverty eradication mechanism in Pakistan.
4
Understanding Riba: Quranic Rationale and Socio-Economic Impact
Analyze the Quranic rationale and socio-economic implications of the prohibition of Riba (Interest).
5
Islamic Finance Alternatives to Riba: Mechanisms and Applications
Explain the mechanisms and applications of key Islamic financial alternatives to Riba (Mudarabah, Musharakah, Murabaha).
6
Islamic Banking: Shariah, Compliance, and Socio-Economic Impact
Evaluate the Shariah compliance and socio-economic effectiveness of contemporary Islamic banking systems.
7
Challenges to Islamic Economic Systems in a Globalized World
Assess the key challenges to implementing a comprehensive Islamic economic system in a globalized world.
Previous module
Islamic Political and Judicial Systems
Next module
Islamic Social Framework and Minority Rights