Islamic Economy Outshines Capitalism in Curbing Wealth Inequality

A pioneering study using physics-inspired models reveals Islamic economic principles like banning interest and promoting profit-sharing dramatically restrain wealth gaps better than capitalist systems, offering a blueprint for global equity in turbulent times. Published in PLOS ONE by Takeshi Kato from Kyoto University, the research simulates how Shariah-compliant practices such as mudaraba (joint ventures) and … Continue reading Islamic Economy Outshines Capitalism in Curbing Wealth Inequality