This book critically examines the Islamic economic system as defined by the traditionaly Ulama. The author makes a modernist case for the 'Islamization of Economy' project - he systematically discusses specific areas of economic transactions and historically reviews the basic issues in the light of the various Islamist solutions offered.
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arguments are refreshingly clear ... conclusions are both insightful and controversial ... it fills glaring lacunae in Pakistani historiography on the creation of Pakistan. (Uma Singh, South Asia, The Book Review, March 2001)
Critically examines the Islamic economic system as defined by the traditional Ulama. The author makes a modernist case for the 'Islamization of Economy' project - he systematically discusses specific areas of economic transactions and historically reviews the basic issues in the light of the various Islamist solutions offered. This book is intended for economists, social scientists, academics, and the informed reader interested in the current debate on Islamic Economics.
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