Controls for implementing economic projects from the perspective of the Islamic economic system

Abstract

The study aims to identify possible ways and methods of guiding investments and selecting projects. Where it must undergo in-depth studies proving its feasibility in the development. There should also be a set of legitimate economic and social criteria for preference between investment projects, and economic activities shall be arranged on the basis of the priorities of the Islamic interest (Maslahah), and then such projects shall have criteria and foundations on which to evaluate and measure development performance and social impact in order to achieve inclusive and sustainable development of our Islamic communities. The researcher concluded that the system of investment priorities should be adhered to in all investment policies and processes and that social responsibility should be activated as one of the most important factors for enhancing development performance. The study also recommends a vigorous pursuit toward creating new standards and indicators that enhance the developmental role of Islamic institutions