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First Principles of Islamic Economics

First Principles of Islamic Economics

Paperback

Business GeneralEconomics

Currently unavailable to order

ISBN10: 0860374920
ISBN13: 9780860374923
Publisher: Islamic Foundation
Published: Aug 23 2011
Pages: 328
Weight: 1.15
Height: 0.80 Width: 6.00 Depth: 9.30
Language: English
Abul A'la Mawdudi laid down the foundations of modern Islamic economics. Drawing upon Islamic sources, Mawdudi spelled out a new paradigm for economic analysis and policy, wherein economic pursuits take place in the context of moral values and are directed towards the achievement of personal and social objectives. Integral to this approach is the concept of an interest-free economy that attempts to make efficiency and equity inseparable and interdependent. The creation and distribution of wealth thus become instrumental in promoting individual and social wellbeing, opening up pathways to development, social justice, and human welfare. This comprehensive anthology collects all of his major writings and provides a historic as well as an essential introduction to Islamic economics.

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