Islam & Economics: A Primer on Markets, Morality, and Justice

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NEW BOOK RELEASE 2021:

Islam & Economics

Ali Salman

“Islam and Economics provides the dogma-free foundations of Islamic economics. This is a valuable contribution to a broad understanding of Islamic economics and how it relates to capitalism and socialism” 

Hossein Askari, Emeritus Iran Professor of Business and International Affairs, The George Washington University

This primer is an introductory text to rediscover the principles of commerce and economics revealed in the Qur’an, espoused by the Sunnah, and understood by the jurists. Islam offers three moral principles of economic organization: ownership, wealth creation, and wealth circulation. Based on these principles, Islam and Economics derives a framework of operational institutional tenets for the economic organization of a society. It addresses all important business, policy, and equity issues that any economic system should resolve and broadens the discussion on the modern discipline of “Islamic economics”. Foreword  by Dr. Abdullah bin Hamid Ali

ALI SALMAN


Ali is an economist and public policy expert and author of “Economic Shariah- How Islam preaches small government and strong society” (forthcoming) and “Discord between Social Justice and Economic Freedom in Islam”. He is a founding member of Islam and Liberty Network. He is also the founder of Policy Research Institute of Market Economy (PRIME) – Pakistan’s leading free market think tank. Earlier, he has worked as a consultant and trainer for major international development organizations, public sector organizations and non-profits; worked in the government, academia and private sector. He has held Fulbright scholarship, Royal Netherlands Fellowship and Charles Wallace Fellowship and has master degrees in Economics, Public Policy and Business Administration. He writes regularly for Express Tribune. Currently, Ali is based in Malaysia where he heads IDEAS and Islam and Liberty Network Foundation.

Dr. Abdullah bin Hamid Ali

He holds a Ph.D. in Cultural and Historical Studies in Religion (2016) and an M.A. in Ethics and Social Theory (2012) from the Graduate Theological Union. He  obtained his B.A. (ijaza ‘ulya) in Islamic Law (Shariah) from the prestigious Al-Qarawiyin University of Fes, Morocco in 2001. He served as full time Islamic chaplain at the State Correctional Institute of Chester, PA from 2002-2007, and is the founding director of the Lamppost Education Initiative. He currently serves as a assistant professor of Islamic law and Prophetic Tradition at Zaytuna College in Berkeley, California His research interests include the interconnection between law and identity formation, comparative Islamic law, and Islam’s role in the modern world.
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