“The Genesis of Islamic Economics” Revisited

Abdul Azim Islahi

MPRA Paper from University Library of Munich, Germany

Abstract: The present paper is an attempt to correct Timur Kuran on various issues related to the genesis of Islamic economics. It demonstrates that "Islamic economics" is not a product of twentieth century. The term may be new but its origins go back to early period of Islam. Its evolution up to the present state of a distinguished discipline can be divided into six distinct phases. The paper argues that the modern Islamic economics was never a sectarian subject. Nor was it developed for Muslims' identity and protection purpose. Scholars of different regions and of diverse affiliations promoted it and its propounders aimed at the well-being of all

Keywords: Islamic Economic Thought; Muslim economic thinking; Phases of the development of Islamic economics; Timur Kuran (search for similar items in EconPapers)
JEL-codes: B2 B20 B5 B51 N0 Z12 (search for similar items in EconPapers)
Date: 2014, Revised 2015
New Economics Papers: this item is included in nep-his, nep-hme and nep-hpe
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Citations: View citations in EconPapers (1)

Published in Islamic Economic Studies 2.23(2015): pp. 1-28

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Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:68367

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