The Islamic approach to dealing with financial and economic crises

Abstract

 Islam presents an integrated theory of religion regarding the economic and financial system in the face of other systems, which have proven each time that it is a system of crises, especially in light of neoliberalism, while Islamic legislation works to achieve justice, equality and cooperation within the Islamic community, to face the various crises and the permanent work of the political system to achieve The requirements of life in order to achieve comprehensive national security for the individual and the group, and this is through legal tools, controls, and rules derived from Islamic legislation that responds to the economic crises facing the nation, such as the global financial crisis that occurred in the United States in 2008, affecting all countries of the world, and the bankruptcy of many Of the classic Western banks, and major financial and economic collapses as a result of interest-rate transactions and interest rates, in contrast to the boom in financial transactions and Islamic bank.