Ever since the critique of Marx on capitalism, a lot of reforms have taken place in the practice of capitalism. These measures include i) fixing working hours, 2) avoiding discriminatory practices, 3) […]
Marx, Labor Rights and Reform in Capitalism
Wage Differentials or Discrimination: Islamic Perspective
Islam allows wage differentials based on productivity differences, but does not allow discrimination. Furthermore, if wage differentials are because of characteristics that require equitable distribution and access to resources, then, Islam has unique mechanisms that ensure equitable distribution of resources and opportunities.
Islamic Economics Project 