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Thirty years of research in the history of Islamic economic thought:Assessment and future directions


  • Islahi, Abdul Azim


The present paper examines and evaluates research experiences in the area of the history of Islamic economic thought during the last 30 years with the objective to see the pace of research and its coverage, both author-wise and idea-wise, and to determine the future research agenda in the light of the past progress and trends of the literature. The paper begins with a brief survey of the early literature on the history of Islamic economic thought, prior to 30-years, to provide a background. Then it studies and evaluates the research during the last thirty years, 1976-2006. It finds that hitherto the research in the history of Islamic economic thought has been language, region and period specific – Arabic, the Middle East and up to 9th/15th century respectively. More attention has been paid to write on economic thought of few personalities than others. The situation is still worse in case of idea-wise research. However, this literature has exerted some effects on scholars of the main stream economic thought and a few of them are trying to rehabilitate it in the main body of economic thought. At the end, the paper emphasizes on need for intensive and extensive research to include more personalities, ideas, periods, languages and regions and to write a systematic history of the subject.

Suggested Citation

  • Islahi, Abdul Azim, 2007. "Thirty years of research in the history of Islamic economic thought:Assessment and future directions," MPRA Paper 18102, University Library of Munich, Germany.
  • Handle: RePEc:pra:mprapa:18102

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    References listed on IDEAS

    1. Pervez Tahir, 2001. "Introducing Iqbal the Economist," The Pakistan Development Review, Pakistan Institute of Development Economics, vol. 40(4), pages 1167-1176.
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    Cited by:

    1. Islahi, Abdul Azim, 2009. "Four generations of Islamic economists," MPRA Paper 29557, University Library of Munich, Germany, revised 2010.
    2. Abdul Azim Islahi, 2014. "History of Islamic Economic Thought," Books, Edward Elgar Publishing, number 16105, April.

    More about this item


    Economic Thought; History of islamic Economic Thought;

    JEL classification:

    • B29 - Schools of Economic Thought and Methodology - - History of Economic Thought since 1925 - - - Other
    • B20 - Schools of Economic Thought and Methodology - - History of Economic Thought since 1925 - - - General


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