One of the figures who introduced Islamic economics was Imam Khomeini who was the founder of the Islamic Republic of Iran. According to him, Islamic economy has several principles that are different from the principles of socialist and capitalist economics.
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Extracted from Imam's historic speech at 10th of Ramadan.
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It is safe to say that without Imam Khomeini, it would have been a different story today. The ideological tremors triggered by this charismatic leader of the Islamic Revolution during his lifetime went beyond the borders of Iran and the Persian Gulf region.
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Narrated by: Hujjat al Islam wal Muslimeen Ali Akbar Hashemi Rafsanjani Taken from: Neda Periodical, No. 1
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Sahifeh-ye-Imam. V 10. P 57
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