FIRST PRINCIPLES OF ISLAMIC ECONOMICS

22,000.00

First Principles of Islamic Economics collects together the major writings on Islamic Economics of Abul A’Iä Mawdüdi (1903-79), one of the leading Muslim intellectuals of the twentieth century. Written between the 1930s and the 1960s, Mawdüdi laid down the foundations of modern Islamic economic philosophy. Drawing upon the teachings of the Qur’än and the Sunnah, Mawdüdi spelled out the major elements of 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. The uniqueness of this approach lies in making efficiency and equity inseparable and interdependent. In an Islamic framework, the creation and distribution of wealth become instrumental in promoting individual and social well-being, enabling economics to open up pathways to development, social justice and human welfare. Khurshid Ahmad, who edited the Urdu original, Ma’äshiyat-i-lsläm, has contributed a new introduction to this authoritative English translation by Shafaq Hashemi.

  • ISBN 978-0-86037-492-3
  • AUTHOR: SAYYID ABDUL AL’ LA MAWDIDI
  • PUBLISHED BY ISLAMIC FOUNDATION
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Economics/Religion Islamic economics in a modern setting has developed rapidly over recent decades. At the very foundation of this is the work of Sayyid Abul A’Iä Mawdüdi which is gathered together in this book. It establishes the major tenets of the economics of Islam from its original historical and religious sources. This is an important text for all serious scholars of the subject. John Presley, Professor Emeritus of Economics, Loughborough University, recipient of the Islamic Development Bank Prize in Islamic Finance (2002).

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