Essays in Islamic Economic Analysis

Essays in Islamic Economic Analysis

Product ID: 15505

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Author: F R Faridi
Editor(s): F R Faridi
Publisher: Institute of Objective Studies
Year: 2002
Language: English
Pages: 246
ISBN/UPC (if available): 8185220046

Description

The book comprises selected papers presented to the Islamics Economics Seminar jointly sponsored by the International Institute of Islamic Thought (Washington) and Economics Discipline council USA. These studies make significant contribution to the ongoing effort to incorporate Islamic Values in selected areas of economic theory such as the theory of consumer behaviour, and attempt to fashion alternative economic models.

The authors have shown a brilliant grasp of relevant Islamic Values and have used in an ingenious way the existing stock of knowledge to their benefit. Questions relating to methodology of Islamic economics have also been dealt with in some studies. All these studies represent an enterprise, undertaken by competent young muslim economists to demonstrate the theoretical viability of Islamic economics and its potential superiority to tackle economic issues in a future socio-economic setup. By the same endeavour the path along which further endeavour should proceed has been delineated.

Contents

INTRODUCTION

Islamic Economic Methodology

Towards Foundation of an Islamic theory of consumer Behaviour

A model of Income Determination in an Interest Free Islamic Economy

Rationality, Time and Accounting for the Future in Islamic thought

Interest-Free Banking, Profit-sharing and the Islamic Macroeconomic system

The Consequences of Islamic Banking in a Macro-Economic Framework

The Practical application of the Islamic rules in Business Administration-Financial Accounting

The Islamization of Banking in Pakistan

Islamic Interest Free Banking System-an Empirical Analysis

Some Issues in risk Management and Insurance in a Non-Muslim State

Programme

List of Participants

Index