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The Genesis of Islamic Economics Revisited By Abdul Azim Islahi

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  • ISLAHI, ABDUL AZIM

    () (Professor at Islamic Economics Institute King Abdulaziz University, Jeddah, Saudi Arabia)

Abstract

The present paper is an attempt to correct Timur Kuran on various issues related to the genesis of Islamic economics. It demonstrates that "Islamic economics" is not a product of twentieth century. The term may be new but its origins go back to early period of Islam. Its evolution up to the present state of a distinguished discipline can be divided into six distinct phases. The paper argues that the modern Islamic economics was never a sectarian subject. Nor was it developed for Muslims' identity and protection purpose. Scholars of different regions and of diverse affiliations promoted it and its propounders aimed at the well-being of all.

Suggested Citation

  • Islahi, Abdul Azim, 2015. "The Genesis of Islamic Economics Revisited By Abdul Azim Islahi," Islamic Economic Studies, The Islamic Research and Training Institute (IRTI), vol. 23, pages 1-28.
    • Handle: RePEc:ris:isecst:0148
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    References listed on IDEAS

    as
    1. Islahi, Abdul Azim, 2009. "A study of Muslim economic thinking in the 11th A.H. / 17th C.E. century," MPRA Paper 75431, University Library of Munich, Germany, revised 2010.
    2. Islahi, Abdu Azim, 2014. "“The Genesis of Islamic Economics” Revisited," MPRA Paper 68367, University Library of Munich, Germany, revised 2015.
    3. Islahi, Abdul Azim, 2009. "Muslim Economic Thinking and Institutions in the 10th AH/ 16th CE Century," MPRA Paper 75375, University Library of Munich, Germany, revised 2008.
    4. Islahi, Abdul Azim, 2014. "Muhammad Hamidullah and His Pioneering Works on Islamic Economics," MPRA Paper 75286, University Library of Munich, Germany, revised 2015.
    Full references (including those not matched with items on IDEAS)

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    1. Islahi, Abdu Azim, 2014. "“The Genesis of Islamic Economics” Revisited," MPRA Paper 68367, University Library of Munich, Germany, revised 2015.
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    More about this item

    JEL classification:

    • B59 - Schools of Economic Thought and Methodology - - Current Heterodox Approaches - - - Other
    • P51 - Economic Systems - - Comparative Economic Systems - - - Comparative Analysis of Economic Systems
    • Z12 - Other Special Topics - - Cultural Economics - - - Religion

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