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


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.


A Critique of the Origins of Islamic Economic Thought

A Critique of the Origins of Islamic Economic Thought

Author: Mohammed Yassine Essid

Publisher: BRILL

Published: 2021-11-22

Total Pages: 267

ISBN-13: 9004492925

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The possible indebtedness of political economy to fourth-century Greek thinkers has been widely debated; the contribution of Islam, on the other hand, is consistently forgotten. This volume addresses this neglect by examining in three parts the following questions: Is there a school of economic thought that can be considered specifically 'Arab', or have the Arabs succeeded in combining the Greek heritage with other, more oriental currents? Muslim economic thought has enriched the Hellenic contribution to economic thought in the areas of government of the kingdom by the caliph, of the city and the household organisation; the Arab concept of tadbîr should be examined in relation to each of these three levels. In rejecting profit, usury, egoism and monopoly, and in preaching moderation, altruism, the practice of fair prices, and unselfishness, Islam inaugurated an 'economic system' which has derived from that of the Greeks and which laid the basis for pre-capitalist thought.


Islamic Economics

Islamic Economics

Author: Ahmed El-Ashker

Publisher: BRILL

Published: 2006-10-01

Total Pages: 467

ISBN-13: 9047409620

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This comprehensive survey of Islamic economic thought covers the development of ideas from the early Muslim jurists to the period of the Umayyads and Abbasids. The economic concerns of the Ottomans, Safawids and Moghuls are examined, as is the profusion of more recent writing.


The Mediterranean Tradition in Economic Thought

The Mediterranean Tradition in Economic Thought

Author: Louis Baeck

Publisher: Routledge

Published: 2012-08-21

Total Pages: 285

ISBN-13: 1134871465

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The Mediterranean Tradition in Economic Thought surveys the legacy of thinking on economic affairs from the countries in the Mediterraean basin over four millenia. It considers the economic content of the scriptures of the Mesopotamian civilisations, Pharaonic Egypt and the Biblical peoples and the contributions of the Greeks and Romans, and their influence on Islamic civilisation and on the Medieval scholastics. The flowering of the school of Salamanca as recently as the seventeenth century demonstrates how long-lived the tradition was, and throughout Baeck demonstrates how these ideas continue to survive and resurface, citing the renewed interest in the ethical dimension of economics, the revival of interest in the history of Islamic thought, and the re-emergence of Slavophile doctrines in contemporary Russian.


Islamic Capitalism and Finance

Islamic Capitalism and Finance

Author: Murat Çizakça

Publisher: Edward Elgar Publishing

Published: 2011-01-01

Total Pages: 361

ISBN-13: 0857931482

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'It was a humbling experience to read the product of such a remarkable feat of scholarship. It is all at once an exploration in analytic history and a complete text of Islamic finance theory and application. It is also one of the most succinct renditions of the evolution of Islamic finance embedded in a comprehensive account of the particularities of economies as diverse as Malaysia and Turkey. This is a unique contribution to Islamic finance and Islamic economic history. It has been a rewarding learning experience. It is truly a breathtaking effort.' – Abbas Mirakhor, former IMF Executive Director and the recipient of the Islamic Development Bank Prize in Islamic Economics (2003) This illuminating and thought-provoking book questions whether classical Islamic capitalism, which has served Muslims so well for centuries, can provide a viable alternative world economic system. In the current recession – the worst since 1929 – this is surely a provocative question. But if Islamic capitalism is to emerge as a viable alternative, its nature and systems must be well understood. Murat Çizakça explores key issues within Islamic capitalism and finance, shedding light on whether the Islamic system can indeed be called 'capitalist', the principles on which the system was built, the institutions that were consequently developed, how they function and have evolved, and, perhaps, most importantly, whether they can be modernized to meet today's needs. Against the backdrop of rapid change in the Middle East, this book gives a solid background to the economic systems that will emerge in the world of Islam. An essential guide to the past, present and future of Islamic economy and finance, this compelling book will prove to be of particular interest to academics and researchers of economics, finance, economic and financial history and political science.


Labor Economics in an Islamic Framework

Labor Economics in an Islamic Framework

Author: Toseef Azid

Publisher: Routledge

Published: 2021-12-30

Total Pages: 239

ISBN-13: 1000530000

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The labor market in Islam is governed by the Islamic laws of fairness, justice, and reward that is equivalent to the job done. Most of the literature in the field discusses the normative aspect of the labor market, whereas few attempts can be seen to address more positive aspects. There is a need for new theoretical and empirical models for the Islamic labor market, which should differ from established approaches. This book provides a comprehensive overview of the nature, scope, and dimensions of the labor market in an Islamic context, from both theoretical and practical perspectives. It presents and discusses labor economics and then compares the similarities and differences between conventional and Islamic views of the labor market, explaining where they meet, and critically justifying why they differ, under the umbrella of Shari'ah. The book raises pertinent issues, which it analyzes from both standpoints and widens the discourse to include norms, morality, and related institutions such as social security and welfare. A unique feature of the book is that it examines labor economics practices among a specific group of countries, and studies the labor conditions within these countries, where the majority of the population follow the teachings of Islam in their daily lives. The book proposes practical strategies for the development of new models for the Islamic labor market which are compatible with the modern world. The book will enable academics and practitioners of Islamic economics to make economic sense of Shari'ah compliance and human resource development.


Islam, Authoritarianism, and Underdevelopment

Islam, Authoritarianism, and Underdevelopment

Author: Ahmet T. Kuru

Publisher: Cambridge University Press

Published: 2019-08

Total Pages: 323

ISBN-13: 1108419097

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Analyzes Muslim countries' contemporary problems, particularly violence, authoritarianism, and underdevelopment, comparing their historical levels of development with Western Europe.