Understanding Islamic Economic Principles
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Understanding islamic economic principles

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Discover the Islamic perspective on economic development and learn how to achieve sustainable growth! 🚀  Understand the principles of Islamic economics and how they can be applied to create a more equitable and just society.   Like, Share, Comment if you found this content useful and want to see more! 👍💬  #IslamicEconomics #EconomicDevelopment #SustainableGrowth
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Unlocking Economic Growth through Islamic Finance 🚀
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If increase in input leads to more than proportionate increase in output, this is called increasing return to scale. 
Q = f (L, K)
If output is function of labour and capital and labour and capital rises by h and output q rises by λ 
Then, 		
λ Q = f (hL, hK) there will be,
Increasing return if, 	
λ > h
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