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Teaching Islamic finance in madaris – need, difficulties and solutions


  • Islahi, Abdul Azim


At present Islamic banking and finance has become a fast growing discipline. It ia the most practiced part of Islamic economics. At the same time there is increasing gap between the supply of and demand for the experts in the field. In spite of having advantage of teaching Islamic economics and finance, Islamic schools have not paid due attention to this subject. The paper emphasizes that to learn and teach Islamic economics and finance is the double responsibility of madaris. It will add to the credibility and insight of those qualified from madaris. They will not only be able to prove their worth but their demand in these financial institutions will also increase. In this way they will be able to check the deviations that have crept into these institutions which is a religious obligations on them as they are the inheritors of the Messengers. The paper provides an outline of such a course.

Suggested Citation

  • Islahi, Abdul Azim, 2009. "Teaching Islamic finance in madaris – need, difficulties and solutions," MPRA Paper 41131, University Library of Munich, Germany, revised 2010.
  • Handle: RePEc:pra:mprapa:41131

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    References listed on IDEAS

    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.
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    More about this item


    Islamic Banking and Finance; Syllabus of Islamic Finance; Religious schools and Teaching Islamic Finance; scope of employments in the industry of Islamic banking and finance;

    JEL classification:

    • A30 - General Economics and Teaching - - Multisubject Collective Works - - - General
    • B40 - Schools of Economic Thought and Methodology - - Economic Methodology - - - General
    • A29 - General Economics and Teaching - - Economic Education and Teaching of Economics - - - Other
    • B59 - Schools of Economic Thought and Methodology - - Current Heterodox Approaches - - - Other
    • A10 - General Economics and Teaching - - General Economics - - - General


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