Economic System under Caliphate

What is the Islamic economic system and what is it like under Islamic Caliphate (KHILAFAH). In this Lecture Shaykh Dr Israr Ahmed (late) go over the different topics pertaining to the Islamic Economic system. This Lecture is part of the entire series done on KHILAFAH. In Sha Allah you can benefit from it.
Who was DR ISRAR AHMED ?
Dr. Israr Ahmed was a renowned Pakistani Islamic scholar, orator, and theologian who dedicated his life to promoting a Quran-centered Islamic philosophy and worldview. His goal, along with his organizations, was to revive the teachings of the Quran, advocate for the restoration of the Caliphate as a true Islamic state, and promote the prophetic model of revolution. Dr. Israr Ahmed believed that Western values posed a threat to Islam and Pakistan, emphasizing the importance of adhering to the teachings of the Quran and Sunnah.
He left his medical profession at the peak of his career in order to teach people Quran and spent the rest of his life for this purpose. The purpose of Dr. Israr Ahmed's life revolved around spreading the message of Islam, advocating for the establishment of an Islamic state based on Quranic principles, and guiding individuals towards a deeper understanding of their faith. Through his numerous books, lectures, and speeches, he aimed to enlighten people about the true essence of Islam and inspire them to lead lives in accordance with its teachings. Dr. Israr Ahmed's legacy continues to impact individuals globally by offering spiritual guidance, promoting Islamic values, and advocating for a return to the core principles of the faith.