Islamic Economical Jurisprudence - Natural Capital

Natural Capital

Perhaps due to resource scarcity in most Islamic nations, Islamic economics emphasizes limited (and some claim also sustainable) use of natural capital, i.e. producing land. These latter revive traditions of haram and hima that were prevalent in early Muslim civilization.

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Famous quotes containing the words natural and/or capital:

    Doubtless, we are as slow to conceive of Paradise as of Heaven, of a perfect natural as of a perfect spiritual world. We see how past ages have loitered and erred. “Is perhaps our generation free from irrationality and error? Have we perhaps reached now the summit of human wisdom, and need no more to look out for mental or physical improvement?” Undoubtedly, we are never so visionary as to be prepared for what the next hour may bring forth.
    Henry David Thoreau (1817–1862)

    There is no private house in which people can enjoy themselves so well as at a capital tavern.... No, Sir; there is nothing which has yet been contrived by man by which so much happiness is produced as by a good tavern or inn.
    Samuel Johnson (1709–1784)