Islamic Economic System: Halal and Haram

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What are some examples of means of earning livelihood and wealth that have been declared unlawful in the Islamic economy?

Interest, bribery, gambling and games of chance, speculation, short weighing and short measuring, business malpractices

According to the text, what are some items of food that are considered unlawful in Islam?

Dead animals, blood, swine flesh, animals slaughtered in the name other than that of Allah

What are some expenses on certain items that are strictly inadmissible in Islam?

Drinks, narcotics, debauchery, prostitution, pornography, things that promote obscenity and vulgarity, lotteries, gambling

According to the verses of the Quran mentioned in the text, what are believers permitted to eat?

The good things provided by Allah

What is the guidance given to believers regarding illegal devouring of one another's wealth?

Do not devour one another's wealth illegally, but rather trade by mutual consent

What are some examples of unlawful means of earning livelihood and wealth in the Islamic economy?

Interest, bribery, gambling and games of chance, speculation, short weighing and short measuring, business malpractices

According to the text, what are some items of food that are considered unlawful in Islam?

Dead animals, blood, swine flesh, and animals slaughtered in the name other than that of Allah

What guidance is given to believers regarding the consumption of certain items?

Believers are guided to consume only the good things provided by Allah and to render thanks to Him. They are advised to avoid carrion, blood, swine flesh, and animals slaughtered in the name other than that of Allah.

In the realm of production and consumption, what concept reigns supreme in the Islamic economy?

The concept of Halal (lawful) and Haram (unlawful) reigns supreme in the realm of production and consumption in the Islamic economy.

According to the verses of the Quran mentioned in the text, what are believers permitted to consume?

Believers are permitted to eat the good things provided by Allah and are forbidden only from consuming carrion, blood, swine flesh, and animals slaughtered in the name other than that of Allah.

Explore the concept of Halal (lawful) and Haram (unlawful) in Islamic economy, and the impact on production and consumption. Learn about the prohibited means of earning livelihood and wealth according to Islamic principles.

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