Ijtihad Network Being Wise and Faithful Muslim in the Contemporary World
Islamic economics, unlike its Western counterpart, is a value-driven discipline replete with moral values that limits individual’s consumption.
Concern over the tragedy of the commons emanates from the fact that Western economics has become a discipline devoid of values. Exploitation of the natural environment can be abated when individuals consider intergenerational welfare and justice to be important factors in their economic decisions. Islamic economics, unlike its Western counterpart, is a value-driven discipline replete with moral values that limits individual’s consumption, and imposes significant social and religious responsibilities on individuals as guardians of the natural environment for future generations.
Bibliographic Information
Title: Islamic Economics A Solution for Environmental Protection
Authors: Saeed Mortazavi
Published at: Humboldt State University Arcata, California, USA
Language: English
Length: 15 pages
Pub. Date: 2004
