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M. Fahim Khan: Macro Consumption Function in an Islamic Framework, Comments: Zubair Hasan محمد فهيم خان: وظيفة الاستهلاك الكلي في إطار إسلامي - تعليق: زبير حسن

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  • Zubair Hasan

    (Zakir Husain College, University of Delhi, India.)

Abstract

In his article "Macro Consumption Function in an Islamic Framework" Professor M. Fahim Khan has demonstrated that consumption in an Islamic economy is likely to he lower and savings larger than if the same economy were operating on a secular basis. He, therefore, finds no room for the apprehensions raised in some quarters that the process of Islamization now going on in Muslim societies may tend to reduce the investment potential, thus impeding their pace of economic progress. --

Suggested Citation

  • Zubair Hasan, 1985. "M. Fahim Khan: Macro Consumption Function in an Islamic Framework, Comments: Zubair Hasan محمد فهيم خان: وظيفة الاستهلاك الكلي في إطار إسلامي - تعليق: زبير حسن," Journal of Research in Islamic Economics, King Abdulaziz University, Islamic Economics Institute., vol. 2(2), pages 71-73, July.
    • Handle: RePEc:abd:crieja:v:2:y:1985:i:2:no:6:p:71-73
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    Cited by:

    1. Zubair HASAN, 2017. "Consumprion and Islam: Micro Foundations and Macro Modelling," Journal of Economic and Social Thought, KSP Journals, vol. 4(1), pages 108-118, March.
    2. Nizar, Muhammad Afdi, 2007. "Analisis Perilaku Menabung Masyarakat Dalam Deposito Pada Bank Syari’Ah Paska Fatwa Mui Tentang Keharaman Bunga [Saving Deposits in Bank Syari'ah After MUI Fatwa on Prohibition of Interest Rates]," MPRA Paper 65611, University Library of Munich, Germany.
    3. Zubair Hasan, 2005. "Treatment of Consumption in Islamic Economics: An Appraisal معالجة الاستهلاك في الاقتصاد الإسلامي," Journal of King Abdulaziz University: Islamic Economics, King Abdulaziz University, Islamic Economics Institute., vol. 18(2), pages 29-46, January.

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