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Political economy of islam a blend of traditional islamic laws and modern political economy zekavat seid m on amazoncom free shipping on qualifying offers political economy of islam a blend of traditional islamic laws and modern political economy. This article argues for the return of politics to the political economy of islam for putting the exertions of political parties at the center of explanations of public support for political islam and for taking these parties seriously as generators of economic ideas it examines the role of economic and social factors in shaping support for islamic political movements. An islamic economy is one where everyone who is able works hard using knowledge to combine with their own labor and the resources provided by the creator to produce goods and services for society economic social and political affairs are conducted with the goal of removing barriers to the progress of all humans. The main difference between non islamic banking which based on interest and islamic is simple non islamic banking counts on loans with interest reba forbidden in islam and because its safer than investing money in profitable projects while islamic banking is not allowing but it run on partnership and profitable projects which equals a real ground economy and help with providing more jobs. Who understands it islamic political economy is still in its early stage of development in developing the science of islamic political economy islam as a term needs to be defined the word islam is an addition to the term political economy islam is the term that differentiate common political economy from political economy based on islam