Evolving a Model in Islamic Economy: Industrial Development

Economic growth in the Islamic economy depends on the demand and manufacturers competitive capability to compete. The factors such as vicissitude of changes in production volumes, labor productivity, employment, export and import volumes affect the competitiveness of the organization’s position...

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Main Authors:	Said, Mohamed Mohamed Tolba, Umachandran, Krishnan
Format:	Article
Language:	English
Published:	2018
Subjects:	HB126.4 Islamic Economics
Online Access:	http://irep.iium.edu.my/70027/ http://irep.iium.edu.my/70027/1/IJM_COMPILATION_2018_eissn.pdf

id	iium-70027
recordtype	eprints
spelling	iium-700272019-01-23T07:51:21Z http://irep.iium.edu.my/70027/ Evolving a Model in Islamic Economy: Industrial Development Said, Mohamed Mohamed Tolba Umachandran, Krishnan HB126.4 Islamic Economics Economic growth in the Islamic economy depends on the demand and manufacturers competitive capability to compete. The factors such as vicissitude of changes in production volumes, labor productivity, employment, export and import volumes affect the competitiveness of the organization’s position in the Islamic economy. Capital and technological reserves are obligatory to balance the enormous productivity fissure between developing and developed countries symbolizing the world economy. Need to exports is required as a nourishment to fill the productivity gap. The structure of economic openness depends on the level of free-trade, therefore advancement should entail an identical momentum of long-term investment to the absorption of substantial segments of all business activities. Hence this paper drives a weave to connect various aspects of management resources. The enlargement of international commerce requires a critical flexibility in the setting of tariff rates by developing countries and a steady rise in the sum of customers that can participate in business with decreasing debt-line. To a developing country, the benefits when it opens its borders to foreign capital, improves FDIs and leads in generation of positive employment impacting both job creation for suppliers, retailers and tertiary employment effecting additional generation of incomes aggregating on the demand. Islamic economization aids economic growth and therefore poverty reduction, hence the ecosystem should encompass complementary economic factors and policies. 2018-12 Article PeerReviewed application/pdf en http://irep.iium.edu.my/70027/1/IJM_COMPILATION_2018_eissn.pdf Said, Mohamed Mohamed Tolba and Umachandran, Krishnan (2018) Evolving a Model in Islamic Economy: Industrial Development. International Journal of Muamalat, 2 (Issue. 1). pp. 6-10. ISSN 2590-4337
repository_type	Digital Repository
institution_category	Local University
institution	International Islamic University Malaysia
building	IIUM Repository
collection	Online Access
language	English
topic	HB126.4 Islamic Economics
spellingShingle	HB126.4 Islamic Economics Said, Mohamed Mohamed Tolba Umachandran, Krishnan Evolving a Model in Islamic Economy: Industrial Development
description	Economic growth in the Islamic economy depends on the demand and manufacturers competitive capability to compete. The factors such as vicissitude of changes in production volumes, labor productivity, employment, export and import volumes affect the competitiveness of the organization’s position in the Islamic economy. Capital and technological reserves are obligatory to balance the enormous productivity fissure between developing and developed countries symbolizing the world economy. Need to exports is required as a nourishment to fill the productivity gap. The structure of economic openness depends on the level of free-trade, therefore advancement should entail an identical momentum of long-term investment to the absorption of substantial segments of all business activities. Hence this paper drives a weave to connect various aspects of management resources. The enlargement of international commerce requires a critical flexibility in the setting of tariff rates by developing countries and a steady rise in the sum of customers that can participate in business with decreasing debt-line. To a developing country, the benefits when it opens its borders to foreign capital, improves FDIs and leads in generation of positive employment impacting both job creation for suppliers, retailers and tertiary employment effecting additional generation of incomes aggregating on the demand. Islamic economization aids economic growth and therefore poverty reduction, hence the ecosystem should encompass complementary economic factors and policies.
format	Article
author	Said, Mohamed Mohamed Tolba Umachandran, Krishnan
author_facet	Said, Mohamed Mohamed Tolba Umachandran, Krishnan
author_sort	Said, Mohamed Mohamed Tolba
title	Evolving a Model in Islamic Economy: Industrial Development
title_short	Evolving a Model in Islamic Economy: Industrial Development
title_full	Evolving a Model in Islamic Economy: Industrial Development
title_fullStr	Evolving a Model in Islamic Economy: Industrial Development
title_full_unstemmed	Evolving a Model in Islamic Economy: Industrial Development
title_sort	evolving a model in islamic economy: industrial development
publishDate	2018
url	http://irep.iium.edu.my/70027/ http://irep.iium.edu.my/70027/1/IJM_COMPILATION_2018_eissn.pdf
first_indexed	2023-09-18T21:39:25Z
last_indexed	2023-09-18T21:39:25Z
_version_	1777413039497150464

Evolving a Model in Islamic Economy: Industrial Development

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