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Towards an Islamic Macro Model of Distribution: A Comparative Approach نحو نموذج ماكرو إسلامي للتوزيع: مقاربة مقارنة

Author

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  • Mabid Ali al-Jarhi

    (Department of Research and Statistics Arab Monetary Fund, Abo Dhabi, U.A. F.)

Abstract

This paper presents some ideas on the construction of a macro- distribution model of an Islamic economy. It introduces a model based on the concept that in the Islamic (in contrast to Muslim) society, most Muslims are propertied, though to different degrees, because of the application of zakah. This implies two important propositions. First, the study of distribution is inseparable from that of redistribution. Second, the distinction in saving behavior between "capitalists" and "laborers" becomes immaterial. --

Suggested Citation

  • Mabid Ali al-Jarhi, 1985. "Towards an Islamic Macro Model of Distribution: A Comparative Approach نحو نموذج ماكرو إسلامي للتوزيع: مقاربة مقارنة," Journal of Research in Islamic Economics, King Abdulaziz University, Islamic Economics Institute., vol. 2(2), pages 3-29, January.
    • Handle: RePEc:abd:crieja:v:2:y:1985:i:2:no:1:p:3-29
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    File URL: https://iei.kau.edu.sa/Files/121/Files/153904_Vol-2-2-17E-Mabid-Al-Jarhi.pdf
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    References listed on IDEAS

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    1. Al-Jarhi, Mabid, 1980. "A Monetary and Financial Structure for an Interest-Free Economy: Institutions, Mechanism & Policy," MPRA Paper 66741, University Library of Munich, Germany, revised 2004.
    2. Bliss, C. J., 1975. "Capital Theory and the Distribution of Income," Elsevier Monographs, Elsevier, edition 1, number 9780720436044 edited by Bliss, C. J..
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    5. Luigi L. Pasinetti, 1962. "Rate of Profit and Income Distribution in Relation to the Rate of Economic Growth," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 29(4), pages 267-279.
    6. Burmeister, Edwin, 1974. "Synthesizing the Neo-Austrian and Alternative Approaches to Capital Theory: A Survey," Journal of Economic Literature, American Economic Association, vol. 12(2), pages 413-456, June.
    7. F. A. Lutz, 1961. "The Theory of Capital," International Economic Association Series, Palgrave Macmillan, number 978-1-349-08452-4 edited by D. C. Hague.
    8. M. Bruno, 1969. "Fundamental Duality Relations in the Pure Theory of Capital and Growth," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 36(1), pages 39-53.
    9. Nicholas Kaldor, 1961. "Capital Accumulation and Economic Growth," International Economic Association Series, in: D. C. Hague (ed.), The Theory of Capital, chapter 0, pages 177-222, Palgrave Macmillan.
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    2. Sayyid Tahir, 2017. "Islamic Economics and Prospects for Theoretical and Empirical Research الاقتصاد الإسلامي وآفاق البحوث النظرية والتطبيقية," Journal of King Abdulaziz University: Islamic Economics, King Abdulaziz University, Islamic Economics Institute., vol. 30(1), pages 3-20, January.

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