The Islamic perception of the socio-economic process is dynamic and its insistence on social justice is uncompromising. To produce the best social structure, according to this view, man’s economic endeavours should be motivated by a meaningful moral philosophy. In the face of the challenges presented by the modern world, the practice of Islamic economics raises many complex and profound issues. These are addressed in this highly important work, which must be considered essential reading for all those who live in the vision of the ‘right’. First published in 1994.

In recent years, events in the Islamic world have captured the attention of the West to an unprecedented degree. However, much of the media coverage of events like the Islamic revolution in Iran has merely reinforced current prejudices and misconceptions about Islam. This collection of essays, by specialists in a variety of disciplines, gives an impressionistic overview of contemporary Islam. Different areas of Islamic life are singled out for special attention; these include the problem of relations between Islam and the West, the role of the Sufi orders and the revival of religious fundamentalism, Islam and the feminine, Islamic economics and Islamic architecture. Geographically, the essays cover a wide area, ranging over Sudan, Turkey, Iran, Egypt and Saudi Arabia. Each discussion should appeal to the layman and specialist alike and collectively they bring together a comprehensive range of material not often covered in one volume. Above all, they cut across the stereotypes of Islam found in the popular media, to reveal facets of a complex, living tradition often unsuspected in the West. First published in 1983.

Manage an economy and be ethical and socially responsible. Howfind out in this book!

To be a Muslim is to be a part of a culture with distinct beliefs, ideas, institutional forms and prescriptive roles. Yet there is a complex inter-relationship between a system of knowledge and belief, such as Islam, and the immediate political, economic and social context of its adherents. This book aims to improve understanding of Muslim social and political action by examining a broad spectrum of Muslim discourse, both written and spoken, to see how meaning is formed by context. It is a broad comparative study and examines discourses produced in opposition to government as well as those produced, in Iran or Pakistan for example, under an authoritarian Islamic state. Through cogent analyses of socio-historical contexts and textual materials from East Java, Nigeria, Iran, Pakistan, Indonesia, Malaysia, the Maghreb and Egypt, this book shows how to ‘read’ a familiar Islamic movement, period of change or textual source in a newer and better light. First published in 1987.

This book provides an introduction to the vision of an economic system based completely on the Holy Qur’an—a system defined as a collection of institutions, representing rules of behavior, prescribed by Allah for humans, and the traditions of the Messenger. The authors argue that the main reason for the economic underperformance of Muslim countries and their economies has been non-compliance with the prescribed rules of behavior. Rule non-compliance has been chiefly due to the failure of Muslims to comprehend the Metaframework of the Qur’an and the Archetype Model of the Prophet Mohammad and interpret them in ways compatible with their own generation and time. Askari and Mirakhor believe these rules (institutions), properly adapted to prevailing conditions present what they consider as an ideal economic system.