On Islamic Economics

Link to Express Tribune published version:

References Cited/Used in paper:

Pope Versus Quran -- Challenges Magazine

Maulana Taqi Usmani paper at Davos; When Candyfloss Costs Dear by Gillian Tett.

Ann Pettifor: Interest, Usury and Islam – Lessons from Islamic and Ethical Finance

feed into a sustainable economic system?Guardian, Oct. 18, 2013

Guide to my writings on Islamic Economics

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On Islamic Economics

Dr. Asad Zaman

Modern financial institutions, instruments and their underlying philosophies clash with Islamic law in many areas. For some time, both critics and supporters have thought that these Islamic laws were in need of revision to bring them into conformity with the complexities of modern requirements of trade and industry. Critics have been content with ridiculing the “archaic” law. Supporters have made substantial efforts to provide “Islamic” equivalents of modern western financial institutions and instruments. Many have been uneasy with these efforts, which often seem pointlessly convoluted ways of imitating western ideas about finance. There is also the concern that Islamic laws are being stretched beyond the breaking point to accommodate western forms.

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WEA Ped: On Islamic Economics - Pedagogy Blog version

Urdu Translation of this post - UrduMaterials Blog by Mufti Yasir -- shortlink bit.do/azoieu

On Islamic Economics - Express Tribune June 10, 2010

On Islamic Economics - Express Tribune