Description
Title: Studies in Islamic Economics
Publisher: The Islamic Foundation
Description:
Contemporary Islamic resurgence is neither a transient political articulation of militant Islam nor simply an angry outburst against Western nations. On the contrary, it heralds the Muslims' positive and creative response to the ideological challenge of Western civilization, which is based on man's total independence of any framework of divine guidance.
Muslims today are striving to rediscover the true meaning of Islam and to find ways and means of translating Islamic principles into a socio-economic reality. The nascent social discipline of Islamic Economics represents one such creative response from Muslim economists and 'Ulama'.
Islamic Economics represents a new approach to the study of the economic problems of man. The scope of Islamic Economics is wider and its approach radically different from that of general economics. It aims at reconstructing the entire framework of economic analysis and policy on alternate foundations, affirming that life is an organic whole, that man has a moral personality, and that a social science cannot be value-neutral.
Studies in Islamic Economics contains some aspects of contemporary Muslim thinking representative of this new approach. These papers were presented at the First International Conference on Islamic Economics held at Makkah in 1976. In these papers, professional economists with deep insight into Islam deal with a number of outstanding theoretical and practical issues on the relevance of Islam to Economics.
The fields of study specifically explored include: Theory of Consumption and Consumer Behavior; Money, Interest and Qiraij (profit sharing); Interest-Free Banking; Efficiency of an Interest-Free Economy; Fiscal Policy and Zakat, Islamic Welfare State; and Economic Development in an Islamic Framework. Furthermore, two comprehensive surveys present an overall picture of the growth of Islamic Economics as an independent discipline.
Professor Khurshid Ahmad, the former Federal Minister and Deputy Chairman, Planning Commission, Government of Pakistan (1979-80), is currently Chairman of the Board of Trustees of the Islamic Foundation, Leicester, the Institute of Policy Studies, Islamabad and the International Association of Islamic Economics, Jeddah. He has been a member of the Senate, Pakistan since 1985. He is Chairman of several select committees of the Senate, and associated with a number of Governmental and non-Governmental organizations.
He has written, translated and edited over fifty books on Islam, Islamic Economics, Education and Law, both in English and Urdu. In recognition of his contributions to Islamic learning and Da'wah, the University of Malaysia conferred an honorary doctorate on him in 1984. In 1987, the Islamic Development Bank, Jeddah offered him their first prize for outstanding services in the field of Islamic Economics. In 1989, he won the King Faisal International Award for his outstanding services to Islam.
ISBN: 860370666
(Hardcover)
Author(s): Khurshid AhmadPublisher: The Islamic Foundation
Description:
Contemporary Islamic resurgence is neither a transient political articulation of militant Islam nor simply an angry outburst against Western nations. On the contrary, it heralds the Muslims' positive and creative response to the ideological challenge of Western civilization, which is based on man's total independence of any framework of divine guidance.
Muslims today are striving to rediscover the true meaning of Islam and to find ways and means of translating Islamic principles into a socio-economic reality. The nascent social discipline of Islamic Economics represents one such creative response from Muslim economists and 'Ulama'.
Islamic Economics represents a new approach to the study of the economic problems of man. The scope of Islamic Economics is wider and its approach radically different from that of general economics. It aims at reconstructing the entire framework of economic analysis and policy on alternate foundations, affirming that life is an organic whole, that man has a moral personality, and that a social science cannot be value-neutral.
Studies in Islamic Economics contains some aspects of contemporary Muslim thinking representative of this new approach. These papers were presented at the First International Conference on Islamic Economics held at Makkah in 1976. In these papers, professional economists with deep insight into Islam deal with a number of outstanding theoretical and practical issues on the relevance of Islam to Economics.
The fields of study specifically explored include: Theory of Consumption and Consumer Behavior; Money, Interest and Qiraij (profit sharing); Interest-Free Banking; Efficiency of an Interest-Free Economy; Fiscal Policy and Zakat, Islamic Welfare State; and Economic Development in an Islamic Framework. Furthermore, two comprehensive surveys present an overall picture of the growth of Islamic Economics as an independent discipline.
Professor Khurshid Ahmad, the former Federal Minister and Deputy Chairman, Planning Commission, Government of Pakistan (1979-80), is currently Chairman of the Board of Trustees of the Islamic Foundation, Leicester, the Institute of Policy Studies, Islamabad and the International Association of Islamic Economics, Jeddah. He has been a member of the Senate, Pakistan since 1985. He is Chairman of several select committees of the Senate, and associated with a number of Governmental and non-Governmental organizations.
He has written, translated and edited over fifty books on Islam, Islamic Economics, Education and Law, both in English and Urdu. In recognition of his contributions to Islamic learning and Da'wah, the University of Malaysia conferred an honorary doctorate on him in 1984. In 1987, the Islamic Development Bank, Jeddah offered him their first prize for outstanding services in the field of Islamic Economics. In 1989, he won the King Faisal International Award for his outstanding services to Islam.
ISBN: 860370666
