Islamic Economic Systems

Nomani, Farhad/Ali Rahnema

ISBN 10: 1856490572 / ISBN 13: 9781856490573

Published by Zed Books, 1994

About this Item

Zustandsbeschreibung: leicht angeschmutzt. XIV,222 Seiten, gebunden (Studies in Islamic Society/Zed Books 1994). Früher EUR 76,69. Gewicht: 350 g - Gebunden/Gebundene Ausgabe.

Seller Inventory # 502643

Bibliographic Details

• Title: Islamic Economic Systems
• Publisher: Zed Books
• Publication Date: 1994
• Language: English
• ISBN 10: 1856490572
• ISBN 13: 9781856490573
• Binding: Hardcover
• Condition: Sehr Gut
• Weight: 350 grams
• Seller catalogs:
  • Arabische Sprache und Kultur/ Islam

About this title

Synopsis

This major new study examines the central tenets of Islamic economics, both in theory and in practice. The authors pinpoint the uniqueness of the Islamic approach, both in its conception of the world's resources and in its attitude to human endeavour. Their book illuminates the distinctive nature of an economics which is based neither on meeting the demands of the individual consumer, nor on increasing the level of general welfare, but on maximising the pleasure of God. The different schools of Islamic thought are then compared and their interpretations analysed in terms of their approaches to plan and market, centralisation and decentralisation, property rights, profit and social obligation.

A detailed historical survey follows of the experience of four very different Muslim countries: Libya, Saudi Arabia, Pakistan and Iran. The authors examine how the implementation of Islamic economic solutions has worked out in reality, often in the context of a tense political situation. They look at the practicality of such solutions in the present day, assessing both their economic performance and their success in guiding society towards the Islamic ideal.

The book as a whole allows the reader to grasp the multifarious nature of Islamic thought in economic matters, its contradictory and often contentious character, and the uses to which Islam has been put by governments with clearly diverse aims. Students of economics and of the Middle East will find it a useful guide to the new terms in which an old and fierce debate is being conducted.

About the Author

Ali Rahnema, teaches Economics at the American University of Paris.