Islam Economics And Society Rle Politics Of Islam

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.

There has been a significant upsurge of western interest in the political manifestations and significance of Islam in the last decade, fuelled by the notion of Islamic ‘revival’, the Iranian revolution and by events in countries as diverse as Egypt, Pakistan and Sudan. Oil power and its effect on the international economic order, the relationship of Muslim countries with the superpowers and the continuation of the Arab-Israeli conflict have also served to focus attention on Islamic politics and, in particular, on the notion of Islamic reassertion. As the author of this book argues, one result of this interest has been the development of a view of Islam as monolithic and implacable. He takes a broad view of the intellectual and cultural history of Islam, emphasising the extraordinary diversity of Islamic societies and the ways in which the ideal is often pragmatically adapted to reality. In this wider social and historical context, the nature of Islamic revival is then reassessed. First published in 1988.

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.

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.

How do modern Muslims adapt their traditions to engage with today's world? Charles Tripp's erudite and incisive book considers one of the most significant challenges faced by Muslims over the last sixty years: the challenge of capitalism. By reference to the works of noted Muslim scholars, the author shows how, faced by this challenge, these intellectuals devised a range of strategies which have enabled Muslims to remain true to their faith, whilst engaging effectively with a world not of their own making. The work is framed around the development of their ideas on Islamic socialism, economics and the rationale for Islamic banking. While some Muslims have resorted to confrontation or insularity to cope with the challenges of modernity, most have aspired to innovation and ingenuity in the search for compromise and interaction with global capitalism in the twenty-first century.

This volume takes a unique and challenging look at how money has operated in Islamic society and at how Islamic theoretical frameworks have influenced perceptions of money. The author draws upon historical, data and policy analysis to present a comparative study of monetary theories, including recent treatment of money by Islamic economists. Discussion also covers the nature of joint venture, stock markets, banks and financial intermediaries, price stability and international trade. This work sheds pioneering light in this area, and will be of interest to academics, graduates and researchers internationally.