the islamic civilization in its prosperous and dynamic period has had various social and economic institutions, an outstanding example of which has been the textile industry. a considerable part of this industry has been active under the name of ṭirāz and the related organization, influencing on most aspects of the muslims’ life. besides their major economic impacts on islamic community, ṭirāz ...

Interest has appeared from the people need to borrow main agricultural products. Over the time, it has been the subject for many theories-for interest, and against interest-all of them having various reasons. Church has, in general, forbidden interest, but the economic reasons have won, considering fair to reward the creditor for the time passed from the moment of loaning, for the monetary deva...

The problem of the current research has been represented by the lack of studies on the foundations of forming the proportional relations in the Islamic architecture. The objective of the study was defined in an attempt to reveal the concepts and the items of the system of proportional relations in the Islamic architecture. The proportion in architecture either derived from the mathematical matr...

This paper attempts a broad appraisal of the literature on macro consumption function in Islamic economics. It starts with a brief look at the microelements of the concept and clears several cobwebs concerning wants and needs, scarcity of resources, the basket of goods, and the efficacy of utility and its maximization for consumer equilibrium. The explanations narrow down the conceptual gaps be...

The re-evaluation of the scientific method at the 20th marked the inductive method as the scientific reasoning. In the contemporary science, the falsifiability plays an important role. Particularly, the science is considered to be a collection of proposition which describe the observational realities which can be falsify throughout the empirical experiments. Economics as a contemporary science ...