This unique book highlights the contributions made by Muslim scholars to ecomic thought throughout history, a topic that has received relatively little attention in mainstream ecomics. Abdul Azim Islahi discusses various ways in which Muslim ideas reached the European West, influencing scholars and helping to form the foundations of modern ecomic ideas and theories. Early chapters outline the foundations of Islamic ecomic thought and describe three distinct phases of its development over time. The author then identifies key theories and tenets of modern ecomics - including value; market and pricing; production and distribution; money and interest; and the ecomic role of the state - and explores the influence of Muslim scholarly thought on each. The concluding chapter highlights the importance of further exploration of the topic and offers insightful recommendations for future research. This fascinating book will be of great interest to students and scholars of both the history of ecomic thought and Islamic ecomics.
Abdul Azim Islahi, Islamic Economics Institute, King Abdulaziz University, Saudi Arabia