Advisory Center for Affordable Settlements & Housing

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Document Type General
Publish Date 26/11/2014
Author Wikipedia, the free encyclopedia
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Edited By Suneela Farooqi
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MODES OF HOUSING FINANCE

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Document Type: General
Publish Date: 26/11/2014
Primary Author: Wikipedia, the free encyclopedia
Edited By: Suneela Farooqi
Published By: Wikipedia, the free encyclopedia

The world’s dominating economic system is based on “Capitalism” wherein the inherent factor is the presence and frequent use of “interest” or “Riba” and it has not been able to completely solve the problems facing the international economic system. Capitalism is an economic system in which the means of production and distribution are privately owned and operated for a private profit; decisions regarding supply, demand, price, distribution, and investments are made by private actors in the market rather than by central planning by the government; payment is made to the factors of production involved including wages paid to workers employed by businesses.

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