Abstract

In this research economic outcomes of a few speculative actions according to Islamic  Jurisprudence, Islamic  ethics and their results on economic growth by using content analysis method has been analyzed.

Within the research, short-run speculative contracts evaluated based on three criterias :1. Non-positive sum game 2.Certain amount 3. Rule of win/loss.

The results show that the short-run speculative transanction have to be rejected whereas entrepreneurship activities must be encouraged. This approach is consistent with Islamic ethics and leads to economic growth