Islamic Economics PDF a (new) Brill Series including short histories and concise surveys of appealing themes in the field of Islamic and Arabic Studies The various titles give an accessible overview of a specific aspect or topic.
Islamic Economics A Short History Pdf
Comparing the often sorry reality of the present-day Islamic World with the Islamic World of yesterday with its many achievements, when Muslim governments were powerful and setbacks less disastrous, provides us, with the benefit of hindsight, rich empirical evidence, and lessons to derive conclusions from.
Historical evidence should be treated with caution however, as history has inherent distortions when it comes to extracting evidence, as the prevailing conditions of the past may differ from those dominant in the present.
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History contains useful lessons to be learned, however, providing that this be received with an examining mind and an inquisitive attitude. In Islamic economics, a historical examination can tell us that the Islamic system per se has the capability of providing an operational norm and the workable model, as long as the surrounding environment was helpful.
As the present is an unbroken chain with the past, it is, in a similar historical fashion, a continual link with the future. And Islamic economics, in a historical sense, is no exception. This study intends to link the past with the present, in preparation for the future.
The remit covers the development of Muslim economic thought from the emergence of Islam, long before economics became a separate discipline. The concern with economic issues predates the development of the analytical tools associated with contemporary economics, and these concerns were evident in the writings of the early Muslim jurists.
The introductory chapter examines the economic and financial environment in ancient Arabia from which Islam emerged. The second chapter is concerned with the Islamic economic concepts and ideas in the Qur”àn and Sunnah up to the time of the death of the Prophet.
This is a particularly important chapter as Islamic economists, both the jurists in the early centuries of Islam and the contemporary writers, inevitably base their treatise on the subject on the two primary sources of the religion: the Qur”àn and Sunnah.
Islamic economic thought during the RightlyGuided Caliphate, and the development of Islamic society and economy during that period, which are much quoted in the writing of modern Muslim economists, is the subject of the third chapter.
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