Islam and Mammon: The Economic Predicaments Of Islamism
The doctrine of "Islamic economics" entered debates over the social role of Islam in the mid-twentieth century. Since then it has pursued the goal of restructuring economies according to perceived Islamic teachings. Beyond its most visible practical achievement--the establishment of Islamic banks meant to avoid interest--it has promoted Islamic norms of economic behavior and founded redistribution systems modeled after early Islamic fiscal practices. In this bold and timely critique, Timur Kuran argues that the doctrine of Islamic economics is simplistic, incoherent, and largely irrelevant to present economic challenges. Observing that few Muslims take it seriously, he also finds that its practical applications have had no discernible effects on efficiency, growth, or poverty reduction. Why, then, has Islamic economics enjoyed any appeal at all? Kuran's answer is that the real purpose of Islamic economics has not been economic improvement but cultivation of a distinct Islamic...
More books by Timur Kuran
Sarah Conover, Freda Crane. Ayat Jamilah: Beautiful Signs: A Treasury of Islamic Wisdom for Children and Parents (Aesop Prize (Awards))
Beautiful Signs / Ayat Jamilah draws from not only the core of Islamic spirituality and ethics--the Qur'an and the traditions (hadiths)--but also from the mystical verse, folk tales, and exemplary figures of the Islamic narrative. Unlike any other collection of Islamic stories, Beautiful Signs ...
Gregory B. Stone. Dante's Pluralism and the Islamic Philosophy of Religion (New Middle Ages (Palgrave Macmillan (Firm)).)
This book shows that Dante's project for the establishment of a peaceful global human community founded on religious pluralism is rooted in the Arabo-Islamic philosophical tradition--a tradition exemplified by al-Farabi's declaration that "it is possible that excellent nations and excellent ...
"Why?" Years after September 11, we are still looking for answers. Internationally renowned Islamic scholar Akbar Ahmed knew that this question could not be answered until Islam and the West found a way past the hatred and mistrust intensified by the war on terror and the forces of globalization. ...
Islam and Capitalism is a learned, engaging rebuttal of the cultural reductionism of Max Weber and others who have tried to explain the politics and society of the Middle East by reference to some unchanging entity called "Islam," typically characterized as instinctively hostile to capitalism. ...