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ISLAMIC ECONOMICS: Current State of Knowledge and Development of the Discipline Khaled A. Hussein Abstract. Despite the considerable achievements that have been attained during the last three decades,
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Understand the basic principles of Islamic economics
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Analyze the current economic state in light of Islamic teachings
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Continuously evaluate and adapt economic practices to stay in line with Islamic values

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Muslim-majority countries looking to strengthen their economic systems while maintaining their Islamic identity
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Islamic economics is currently evolving, focusing on ethical finance, social justice, and sustainable development while adhering to Shariah law.
Entities such as Islamic financial institutions, businesses operating under Islamic principles, and organizations that engage with Islamic economic practices are required to file.
Filing involves gathering relevant financial data, ensuring compliance with Shariah regulations, and utilizing specific forms or platforms designated for Islamic economic reporting.
The purpose is to ensure transparency, uphold the principles of ethical finance, and assess the impact of Islamic financial activities on community welfare.
The report must include financial performance, adherence to Shariah compliance, social impact metrics, and any contributions to community development.
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