
A Fascinating Introduction to Economics in Islam with Jamal Harwood
Blogging Theology
00:00
The Importance of Transparency in Islam
In comparison to the typical capitalist system that we have, we have limited companies where they are limiting the liability. Islam does not allow limited liability. You have to fulfill your obligations in Islam. Most of them will be listed down as nominee companies and nobody really knows that they are owners in that company. The idea is that it is very much above board. If I go to a company and they provide a service and they don't provide the service, I want to know who I'm going to raise the issue with.
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