When Muslim intellectuals systematically delve into this field...
When Muslim intellectuals systematically delve into this field, in line with Islam's methodology of research and employing a comprehensive economic method, an economic overview can be presented, that make up entire systems providing solutions for man's problems, for which he has failed to find an answer.
Instead man has been left groping in the long dark tunnels of the communist, socialist and capitalist theories, when satisfactory answers are at hand to alleviate doubts adduced by the enemies of Islam. Such have spared no effort to present, to the sons of Islam and others, that Islamic economic thought is a shallow mould, which is unable to accommodate today's problems.
They charge Islam, due to their ignorance, obstinacy, and fear from its justice, as well as its threat to their boundless self-centeredness and greed, that it falls short of successfully treating the more complicated daily economic issues.
Islamic economic system is, as they maliciously claim, still composed of a set of varying charity-oriented questions and moral commandments, which cannot tackle deep-seated problems, nor can it resolve the ever-complicated crises of inhumanity because of the immense phenomena, related to financial considerations present in human society.
These efforts are clearly made in a bid to turn attention of Muslims and others from returning to an economic system that frees humanity from exploitation, injustice and avarice and leads it to an economic life of welfare, where man finds comfort, care and dignity. The second misconception, which must be warned of, is the mixing up of Islam with other economic systems and without distinguishing between the two.
Many researchers and academics, be they Muslims or non-Muslims still mingle the Islamic economic system with the capitalist and social systems. Even, some of them go to the extent of mixing it up with the communist systems. This confusion can be ascribed to the comprehensible concepts found in Islam, including the principles of freedom, sponsorship, insurance or through the intervention of the Islamic state in directing the economy and keeping watch over the distribution and production ... etc.
Those who examine the conception of economic, political and individual freedom in Islam, look at Islam within a capitalist framework. Yet they observe Islam's rejection of, for instance, the capitalist amassing of wealth or the state's role in economic life, think Islam is a socialist system.