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Book Review: Fundamentals of Islamic Economics and Finance, Hafiz Muhammad Yasin and Atiq-uz-Zafar Khan (Editor), Reviewed By: Mohammed Saeed Khan مراجعة علمية لكتاب: أساسيات الاقتصاد والمالية الإسلامية - حافظ محمد ياسين وعتيق ظفر خان - مراجعة: محمد سعيد خان

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  • Mohammed Saeed Khan

    (Associate Professor in the Department of Economics Aligarh Muslim University, India.)

Abstract

A few years ago Asad Zaman (2012, p. 145) lamented in an article: “There is no textbook of Islamic Economics, despite numerous efforts to create one”. This astutely exposes the state of affairs with regards to the availability of reliable textbooks in the field of Islamic economics, a discipline which is more than fifty years old and which is taught not only in the universities of a number of Muslim countries but even outside the Islamic world. Its principles are successfully put into practice by financial institutions across the globe. A book in Islamic Economics authored by Mohammad Abdul Mannan as early as 1970 is believed to be the first text book in the discipline as it was written the way contemporary textbooks of other subjects were being written. Almost every topic was treated with an Islamic perspective, though Islamic economics as a formal discipline was still in its infancy. Thereafter, despite exponential growth, good textbooks did not appear and this shortage is seriously felt even today. It is pertinent here to mention that a text book was written about a decade ago which failed to impress the readers as it seriously missed references to a host of Islamic literature with good academic worth (Yusoff, 2008, p. 91).

Suggested Citation

  • Mohammed Saeed Khan, 2017. "Book Review: Fundamentals of Islamic Economics and Finance, Hafiz Muhammad Yasin and Atiq-uz-Zafar Khan (Editor), Reviewed By: Mohammed Saeed Khan مراجعة علمية لكتاب: أساسيات الاقتصاد والمالية الإسلام," Book reviews and book reports published in the Journal of King Abdulaziz University: Islamic Economics. 43, King Abdulaziz University, Islamic Economics Institute..
    • Handle: RePEc:abd:jkaubr:43
    DOI: 10.4197/Islec.30-2.13
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    References listed on IDEAS

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    1. Wan Sulaiman Wan Alfattani, 2008. "Book Review: Introduction to Microeconomics: An Islamic Perspective, by: Zubair Hasan, Reviewed by: Wan Sulaiman Bin Wan Yusoff مراجعة علمية لكتاب: مقدمة في الاقتصاد الجزئي: منظور إسلامي - بقلم: زبير ," Book reviews and book reports published in the Journal of King Abdulaziz University: Islamic Economics. 250, King Abdulaziz University, Islamic Economics Institute..
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