395728aa_mic_way_of_life_and_philosophy__Secular_state
[Sl.#] 5 [Topic / area] Economics [Islamic state] Toil and trading is encouraged in the Qur’an as a way of life when it comes to making a living. Prophet (S) himself was a trader in his young life looking after the business of Khadija (R) who became his wife later. Many of the companions of the Prophet (S) were traders. Others toiled in regular jobs helping each other for a pre-negotiated pay. A national treasury used to collect compulsory zakat (poor due @ 2 ½ %) from the rich Muslims and disburse to the needy in an organized manner following the Islamic principles. Non-Muslims paid zizya (tax) for an equivalent amount or higher as determined by the state to the treasury that went to other developmental activities. Muslims also encouraged paying sadaqah (charities) on a regular basis through out the year voluntarily. [Secular state] 
Encourages employment for higher tax earnings; also encourages growth and development of businesses for job creation through bank loans with interests. Tax areas include income, sales or VAT, property, which could run up to an exuberant 50% or higher! In addition, corporations also pay taxes on the same amount that goes to the employees who are taxed again on the same taxed amount! A secular system is extremely expensive to run and maintain where the government employees enjoy job securities and tax free income on people’s money! Some rich philanthropists engage in some charity work often on some return motives or under some strict conditions.
Difference between Islamic and non-Islamic way of life and philosophy
Secular state