Nigerian Economic Recession: An Islamic Perspective

Ali D Yusuf, Mohd Shahril Ahmad Razimi

Abstract


As Nigerian economy continue to face constant economic recession, despite abundant of both natural and human resources in Nigeria due to adoption of falsehood economic system of capitalism inherent in its economic system. The major world views of economic system is on either capital or socialism which proved to be failures for centuries the only solution to the present economic predicament is Islamic economic system, which is recession proof, as it is purely based on ―Adl‖ which is fairness and justice, social responsibility, transparency, trust worthiness, and sharia compliance.


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Copyright (c) 2017 Ali D Yusuf, Mohd Shahril Ahmad Razimi

License URL: http://creativecommons.org/licenses/by/4.0