​Nature of Muslim Economy/طبيعة الاقتصاد الإسلامي

​Let me pronounce it clearly for Muslims there is no substitute for research-based entrepreneurial collaborative economy. It is not entirely a competitive profit seeking economy. So a simple example of collaboration is planned market distribution in contrast to competitive market distribution, so that every business is given a chance in Economic activity and market. A practical example will be computer businesses x and y where utility is distributed across x and y by distributing types of computer each business can buy/sell. Research-based is dynamic and adapting to changing times unlike natural resources which is limited and diminishing. Consumers and markets make an economy. Consumer demand is driven by need and necessities, desire and utility, quality, quantity and cost. The latter three depends on human capital, productivity and research-based approach to GDP creation rather than purely exporting raw materials for GDP creation. An example will be what technology you have to extract and refine oil. Cost can also depend on how difficult it is to access/exploit factors of production. Law of supply and demand is not always true however.