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Islamic Economy: Shepherd's framework

Contrasting Socialism and Capitalism Comparison between socialism and capitalism in the context of economic systems, highlighting the failures of socialism due to lack of incentives and inefficiency. Capitalism's focus on decentralized decision-making and profit incentives leading to wealth creation.

Fundamentals of Economics & Islamic Principles Exploration of key concepts in economics, emphasizing the management of resources for production, trade, money supply, and societal well-being. Discussion on Islamic economic principles like zakat for wealth distribution.

Wealth Protection through Prohibitions Analysis on how prohibitions in Islam safeguard economy by removing profit incentives from harmful activities. Focus on ethical boundaries that guide economic decisions towards beneficial work for society.

Entrepreneurship & Wealth Creation Explanation about entrepreneurship as a core element in Islamic economy for wealth creation. Emphasis on partnerships like musharaka contracts that incentivize growth while ensuring fairness during profits or losses.