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The role of Islamic Economics towards economic growth. How Islamic Economics can stimulate economic growth and economic development.Based on the slide below, explain in detail

The role of Islamic Economics towards economic growth. How Islamic Economics can stimulate economic growth and economic development.Based on the slide below, explain in detail each of the point. Put citation and references for the explanation.

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Introduction . What is islam Economic? . Islam economic : Balanced between material needs and spiritual needs based on the Qur'an and Hadith. . Some view from scholar : 1. Islamic economy is a perfect integral system that includes faith and sharia. (Prof. Dr. Ahmad Muhammad 'Assal & Prof. Dr. Fathi Ahmad Abdul Karim, 1977). 2. One of the studies from the social sciences on human behavior in managing natural resources for themselves and society to obtain the pleasure of Allah SWT. (Profesor Madya Dato' Dr. Haji Hailani Bin Haji Muji Tahir, UKM, 1991). 3. Knowledge, rules and teachings of sharia that uphold justice in the use and production of material resources for human needs, so that human beings can carry out their duties to Allah SWT. (Prof. Dr. Md. Hasanuzzaman, UM, 90s). Introduction . Convensional economic? . It is a capitalist, socialist, and communist economic system that has been in place for centuries. Study human behavior in meeting its needs indefinitely, using limited factors of production. Meaning, like manpower, available natural resources and capital are used to meet all the desired needs. (Nurshuhaida Abdul Razak and Siti Zaiton Mohd Dali, UKM, 2012)

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