History of Islamic Economic Thought

History of Islamic Economic Thought

Author: Abdul Azim Islahi

Publisher: Edward Elgar Publishing

Published: 2014-12-31

Total Pages: 134

ISBN-13: 1784711381

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This unique book highlights the contributions made by Muslim scholars to economic thought throughout history, a topic that has received relatively little attention in mainstream economics. Abdul Azim Islahi discusses various ways in which Muslim ideas


Contribution of Islamic Thought to Modern Economics (Vol. 2)

Contribution of Islamic Thought to Modern Economics (Vol. 2)

Author: Misbah Oreibi

Publisher: International Institute of Islamic Thought (IIIT)

Published: 1998-01-01

Total Pages: 269

ISBN-13: 1565645316

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Muslim countries are facing serious problems in managing their economic life. Their inherited colonial ways of achieving economic aims are in basic contradiction to certain aspects of Islamic values and intended economic goals. Thus, it is imperative for Muslim countries endeavoring to escape underdevelopment and social injustice to turn to Islamic teaching and the Islamic way of harnessing human potentials to improve economic conditions and ascertain the necessary requirement for effective economic development.Islamic economics, as developed by Muslim jurists and social scientists (fuqaha'), needs to be recast in modern terms and developed further to deal with complex realities of the modern society. This book is one step on the long march to Islamizing the science of economics. It contains a selection of papers from the proceedings of the economic conference held in Cairo in 1988. These papers are a valuable contribution to the cause of modernizing Islamic economics.


The Making of Islamic Economic Thought

The Making of Islamic Economic Thought

Author: Sami Al-Daghistani

Publisher: Cambridge University Press

Published: 2022-01-06

Total Pages: 337

ISBN-13: 1108997546

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Interrogating the development and conceptual framework of economic thought in the Islamic tradition pertaining to ethical, philosophical, and theological ideas, this book provides a critique of modern Islamic economics as a hybrid economic system. From the outset, Sami Al-Daghistani is concerned with the polyvalent methodology of studying the phenomenon of Islamic economic thought as a human science in that it nurtures a complex plentitude of meanings and interpretations associated with the moral self. By studying legal scholars, theologians, and Sufis in the classical period, Al-Daghistani looks at economic thought in the context of Sharī'a's moral law. Alongside critiquing modern developments of Islamic economics, he puts forward an idea for a plural epistemology of Islam's moral economy, which advocates for a multifaceted hermeneutical reading of the subject in light of a moral law, embedded in a particular cosmology of human relationality, metaphysical intelligibility, and economic subjectivity.


Economic Development and Islamic Finance

Economic Development and Islamic Finance

Author: Zamir Iqbal

Publisher: World Bank Publications

Published: 2013-08-05

Total Pages: 376

ISBN-13: 0821399535

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Although Islamic finance is one of the fastest growing segments of emerging global financial markets, its concepts are not fully exploited especially in the areas of economic development, inclusion, access to finance, and public policy. This volume is to improve understanding of the perspective of Islamic finance on economic development, social and economic justice, human welfare, and economic growth.


A Companion to the History of Economic Thought

A Companion to the History of Economic Thought

Author: Warren J. Samuels

Publisher: John Wiley & Sons

Published: 2008-04-15

Total Pages: 736

ISBN-13: 1405128968

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Assembling contributions from top thinkers in the field, thiscompanion offers a comprehensive and sophisticated exploration ofthe history of economic thought. The volume has a threefold focus:the history of economic thought, the history of economics as adiscipline, and the historiography of economic thought. Provides sophisticated introductions to a vast array oftopics. Focuses on a unique range of topics, including the history ofeconomic thought, the history of the discipline of economics, andthe historiography of economic thought.


Rulers, Religion, and Riches

Rulers, Religion, and Riches

Author: Jared Rubin

Publisher: Cambridge University Press

Published: 2017-02-16

Total Pages: 297

ISBN-13: 110703681X

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This book seeks to explain the political and religious factors leading to the economic reversal of fortunes between Europe and the Middle East.


A Model for Islamic Development

A Model for Islamic Development

Author: Shafiullah Jan

Publisher: Edward Elgar Publishing

Published: 2019

Total Pages: 321

ISBN-13: 1788116739

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This book aims to explore and analyse Islamic Moral Economy (IME) as an alternative economic and social system to capitalism and socialism. It proposes a new model of Islamic development, integrating global development within an Islamic framework of spiritual development. It is argued that the failure of Muslim countries to provide basic necessities and an environment free of oppression and injustice can be overcome with this authentic Islamic development framework. In addition, this book can be an important study to identify the theological, political, social and economic boundaries for changing the society to produce IME oriented developmentalism.


Islam and the Economic Challenge

Islam and the Economic Challenge

Author: M. Umer Chapra

Publisher: International Institute of Islamic Thought (IIIT)

Published: 1992

Total Pages: 91

ISBN-13: 0860372170

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What kind of economic policy package do Islamic teachings imply? This book seeks to answer this and other related questions.


The Long Divergence

The Long Divergence

Author: Timur Kuran

Publisher: Princeton University Press

Published: 2012-11-11

Total Pages: 422

ISBN-13: 1400836018

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How religious barriers stalled capitalism in the Middle East In the year 1000, the economy of the Middle East was at least as advanced as that of Europe. But by 1800, the region had fallen dramatically behind—in living standards, technology, and economic institutions. In short, the Middle East had failed to modernize economically as the West surged ahead. What caused this long divergence? And why does the Middle East remain drastically underdeveloped compared to the West? In The Long Divergence, one of the world's leading experts on Islamic economic institutions and the economy of the Middle East provides a new answer to these long-debated questions. Timur Kuran argues that what slowed the economic development of the Middle East was not colonialism or geography, still less Muslim attitudes or some incompatibility between Islam and capitalism. Rather, starting around the tenth century, Islamic legal institutions, which had benefitted the Middle Eastern economy in the early centuries of Islam, began to act as a drag on development by slowing or blocking the emergence of central features of modern economic life—including private capital accumulation, corporations, large-scale production, and impersonal exchange. By the nineteenth century, modern economic institutions began to be transplanted to the Middle East, but its economy has not caught up. And there is no quick fix today. Low trust, rampant corruption, and weak civil societies—all characteristic of the region's economies today and all legacies of its economic history—will take generations to overcome. The Long Divergence opens up a frank and honest debate on a crucial issue that even some of the most ardent secularists in the Muslim world have hesitated to discuss.


Islamic Economics

Islamic Economics

Author: Taha Eğri

Publisher: Cambridge Scholars Publishing

Published: 2015-06-18

Total Pages: 255

ISBN-13: 1443879207

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Studies conducted in the field of Islamic economics lose their relevance over time. Works examining Islamic economics since the 1970s have been co-opted by the existing economic system and have become limited to a large extent, as they are now only concerned with financial transactions. In fact, ""Islamic economics"" as a concept should actually be conceptualized as an alternative economic system. However, because of the financial and commercial transactions implemented in daily economic life ...