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Islamic economies historically emphasized trade, agriculture, and craftsmanship, with a strong focus on ethical practices and social justice. The principles of zakat (charity) and prohibition of usury (riba) shaped financial transactions, promoting wealth distribution and community welfare. Markets were often regulated to ensure fairness, and trade routes flourished, particularly during the Caliphates, fostering economic exchange across diverse regions. Overall, the Islamic economy aimed to balance material prosperity with moral and spiritual values.
What else can I help you with?
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The kind of economy that Belgium has is a mixed economy. This is a capitalist economy which has involvement of the government.
How music is used in Islam?
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a good economy
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mix economy
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a rich economy
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What kind of economy does Holland have?
What is an economy? When I hear 'economy', I picture a stoat.
What kind of Islam religion Arabs?
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