Bibliographic Information

Islamic economic systems

Farhad Nomani and Ali Rahnema

(Studies in Islamic society)

Business Information Books, 1995

  • : pbk

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Note

Bibliography: p. [209]-216

Includes index

Description and Table of Contents

Description

This major new study examines the central tenets of Islamic economics, both in theory and in practice. The authors pinpoint the uniqueness of the Islamic approach, both in its conception of the world's resources and in its attitude to human endeavour. Their book illuminates the distinctive nature of an economics which is based neither on meeting the demands of the individual consumer, nor on increasing the level of general welfare, but on maximising the pleasure of God. The different schools of Islamic thought are then compared and their interpretations analysed in terms of their approaches to plan and market, centralisation and decentralisation, property rights, profit and social obligation. A detailed historical survey follows of the experience of four very different Muslim countries: Libya, Saudi Arabia, Pakistan and Iran. The authors examine how the implementation of Islamic economic solutions has worked out in reality, often in the context of a tense political situation. They look at the practicality of such solutions in the present day, assessing both their economic performance and their success in guiding society towards the Islamic ideal. The book as a whole allows the reader to grasp the multifarious nature of Islamic thought in economic matters, its contradictory and often contentious character, and the uses to which Islam has been put by governments with clearly diverse aims. Students of economics and of the Middle East will find it a useful guide to the new terms in which an old and fierce debate is being conducted.

Table of Contents

Acknowledgements Introduction 1. Shari'a: The Legal Foundation of the Islamic Economy 2. The Economic Philosophy of Islam 3. The Islamic Economic System 4. Islamic Micro- and Macroeconomics 5. Islamisation of Pakistan's Economy by the Bureaucracy 6. Islamic Economy According to the Saudi-Wahhabi 7. Islamisation of the Iranian Economy at the Behest of the Clergy 8. The Islamic Socialism of Qadhafi in Libya Bibliography Index

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Details

  • NCID
    BB2493843X
  • ISBN
    • 9781856490580
  • Country Code
    my
  • Title Language Code
    eng
  • Text Language Code
    eng
  • Place of Publication
    Kuala Lumpur
  • Pages/Volumes
    xiv, 222 p.
  • Size
    22 cm
  • Classification
  • Parent Bibliography ID
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