@article{2018,title={AN OVERVIEW OF ISLAMIC ECONOMICS},abstractNode={Economy, is the study of the production of wealth and its distribution. Islam, unlike other systems, suggests an original economic system of principles. It also incorporates a much larger and inclusive human space than western economies. In this system concepts of halal and haram are considered from the first phase of production to the last phase of consumption. In addition, the concepts of waste and luxury are not welcomed in this system. The property of the Islamic economy is the true proprietor of Allah and people have the power to save only for the purposes stated in the Qur'an and the Sunnah. On the other hand, justice and morality, which are the basic concepts of the Qur'an, are concepts that can not be ignored in the formation of the Islamic economy. For this reason, Islam accepts wealth according to the principle of justice, not according to the principle of numerical equality. The Qur'an informs the people that they are responsible for the people in their society where they are living, together with recognizing freedom of enterprise and financial rights. At this point, the Qur'an puts into practice the principles of social justice and equilibrium. The social justice and equilibrium envisaged here is not the income level of the society's individuals but the level of livelihood. After all, everyone should live humanely},author={Ali SOYLU},year={2018},journal={The Journal of Academic Social Science}}