Episode 11 - Islamic Economics with Dr. Abdullah bin Hamid Ali
The Muslim Bitcoiner Podcast
00:00
The Problem With Capitalism and Socialism in the Islamic Economy
Islamic economic system combines elements of both capitalism and socialism. Islamic economy is inclusive, it's not limited to just simply devotional acts or just personal beliefs. Dean is about the private and public spheres as well? It's both of those things, right? So in that sense, I don't like the idea to say that, okay, Islamic law, Islamic economic system, or Islamic economic system,. nor is it socialistic?"
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