Islamic Economics presents a unique, socially appropriate, morally just and contemporary economic system. It is based on man’s relationship with Allah, His Universe and His people. It rests on Tawheed or the oneness of Allah. The core principles of Islamic Economics include the Shariah (Islamic jurisprudence), ‘adl’ (justice) and ‘falah’ (salvation). Principles of Islamic finance, trade and commerce are widely acclaimed & applicable. International banks having segments based on Islamic finance have made huge profits.