A research project devoted to understanding Islamic teachings related to economics and their economic implications.


At theoretical and philosophical level, the project endeavors to explore and explain the teachings of Islam and the Islamic worldview. It will strive to understand the expected and actual impact of Islamic teachings and worldview on the values, preferences and behavior of an individual and the effect of these on the socioeconomic relations.

At the applied level, the project aims to research on institutions which are consistent with Islamic principles and teachings in order to see their economic potential to fulfill the contemporary needs of modern societies and economies.

At the analytical level, the project strives to objectively and (to the extent possible) empirically appraise the institutions – both contemporary and theoretical – with regards to their economic effects in modern societies and economies.

Project’s Goals

  • The project will try to support and promote research and researchers in Islamic economics.
  • The project will strive to promote its research at various platforms including research conferences, seminars and public talks.
  • The project will attempt to foster healthy debates and aims to become a think tank in Islamic economics.

How You Can Participate

  • By praying before Allah for guidance for all of us.
  • Reading the project’s research.
  • Writing in-depth articles for the project.
  • Providing feedback and criticism.
  • Encouraging others in your network who have interest in Sociology, Philosophy, Economics and Religion to read the project’s content and contribute in improving it.

Project’s Reach

  • IEP website has been visited by people from more than 175 countries and it has received more than 200,000 views in a short span of time.

Project’s Future Plans

  • Prepare multimedia rich presentations to introduce principles of Islamic economics.
  • Translate the content in Urdu and Arabic.
  • Arrange exclusive sessions on Islamic economics in colleges and universities.

35 Responses to About

  1. Valeria Agustina Rodriguez says:

    Salam alikum! My name is Valeria and I am very much interested in Islamic Finance. I have a Telegram group and have connection with university in my country (Argentina). I think this project is very important and I will traslate it in Spanish, Inshallah.


  2. bazam says:

    It’s quite great if after research, the results and policy implications will be applied for groming an Islamic society.


  3. asalaamu alaykum!


  4. Yousuf Ibnul Hasan says:

    Indeed it is an interesting effort that will serve the purpose to create awareness for the base of banking, finance and investment in Islamic guidance. I am in this field since 1982 and entered into the profession after acquiring academic achievement. Being the student of Dr Ahmed Al Najjar, the founder of Islamic Banking system and one of the key figures of Islamic economic system, his first day speech to the class room was on Islamic economics and he stated that who ever understood the basics of Islamic economics, he can be expert in Islamic Banking. Unfortunately, we stress on Islamic Banking, Takaful or Finance but we do not realize the information, law, guidance, perimeters and rules are defined in Islamic Economics that indicates that socio-economics is the solution of all economic crises and perform the role of factors of production, which are Man Money and Commodity. These are the real tools for efficient commercial activities that lead to the nations in the development of their economics stability. I am keen to read and contribute to this forum in my humble manner and to seek the guidance of all those who participate in this noble cause. I appreciate the initiator of this page.


  5. shazia zahif says:

    Asslam o Alaikum

    It is very good to have research and valuable work on Islamic principles and Islamic finance. Firstly, I want to know about the key focal points of this project and how can I contribute in it which could be helpful in this regard. I am also interested and looking for a working topic and project for my future research. If you could help me in this regard, I will highly appreciate your kind concern.


    Shazia Zahid


  6. I. Mohiuddin says:

    Need of the time. Looking forward to interact with you.


  7. babayunus says:

    Dear Brother Salman.
    On behalf of the entire team of Africa Islamic Economic Foundation (AFRIEF) Ghana I wish to use this medium to thank and commend you for your untiring efforts in the promotion of Islamic economics. I have personally followed your writings over the last couple of years, and I am humbled to inform you that they have been a source of inspiration and motivation for me. I wish to inform you that effective this month we would depend largely on your website for resources for our quarterly, Africa Islamic Finance Report. May I use this opportunity to inform you and other professionals on your network that we are commencing an engagement process with African Governments to encourage them to consider Islamic economics in their economic development efforts. We also intend to mount vigorous campaigns to introduce Islamic economics as an alternative economic model worth studying to African secondary schools and tertiary institutions We would appreciate your kind academic and professional support in these efforts. You can visit our website: http://www.afrief.com. Also, I can be reached via email: president@afrief.com.


    Baba Yunus Muhammad
    President, Africa Islamic Economic Foundation.
    Tamale, Ghana.


  8. Kabir Hamisu Kura says:

    Ma Shaa Allah. May Allah continue to give you the strength and wisdom to do more Salman.


  9. ijazfinance says:

    Assalm o Alikum,
    Salman your project is marvellous. It would be the honour for me if I will participate or assist you in your valuable work.


  10. swaleh maneno says:

    Your study is good for us, but I request Princeples of Islamic Economics


  11. Dr Naeem Chaudry says:

    How can I post an idea, a thought or understanding???


  12. ohamng says:

    Assalam Alaikum! Can a Muslim engage in Forex trading?


  13. I am very keen and excited to enhance and improve my knowledge to Principles of Islamic Finance, New challenges to Islamic Finance. Please help me How.
    Thanks in advance for your helping.


  14. Shagufta Ahmad says:

    This is an excellent effort. May Allah grant you success. Aameen.


  15. Muhammad Arsalan Jamil says:

    Masha Allah, In this era of materialistic race, your endeavor for the cause without any greed is plausible.


  16. Yunusa Bello says:

    Salamun Alaikum
    Dear brother Salman, be asured that you are not alone in the effort to promote Islmic ideals. Therefore success prayers are needed TO & FROM. I have been following your articles for quite some time & have being motivated & inspired by your writhings. Thus, am currently focusing on the factors responsible for the slow pace of education & economic development among Muslim Ummah generally with particular refrence to Northern Nigeria and then attemting Islamic theories and concepts to profer solutions. If you have the time and interest, I would send you a draft copy for your critique.
    Yunusa Bello


  17. ibrahim abdirahman says:

    This is really very helpful….May Allah give you the reward…. I have a degree in economics and i am very much interested in understanding economics in Islamic perspective….. Thank you very much again brother.


  18. The Editor are currently considering papers for inclusion in Islamic Finance Journal published by Institute of Islamic Banking and Takaful Insurance, Karachi, launched in 2000. The double-blind peer reviewed journal is edited by Prof. Dr. Rukhsar Ahmed, HEC Approved Phd supervisor and Resource person for the training of Government Degree Colleges by Higher Education Commission, Pakistan. It is dedicated to publishing high-quality contemporary research into management and encourages creativity in business theory and practice. Islamic Finance embraces the growing number of talented academics working in the international field of management; challenging – and building upon – current orthodoxy in this area. This includes all sectors of the creative industries such as marketing, finance, human resources and information technology. Coverage includes, but is not limited to:

    • Marketing and consumption of all art forms regardless of their conventional categorization (e.g. ‘for’ and ‘not for profit’; high art and popular culture)
    • All sectors of the cultural and creative industries.
    • Interdisciplinary approaches to business and management (e.g. marketing, psychology, economics, commerce, human resources and information technology)
    • International issues in the arts (e.g. comparative research into support/management of the relationship between university and the industry)


    Articles should be supplied in Word format with soft copy. All authors’ details must be printed on a separate sheet and authors should not be identified anywhere else in the article. Submissions will be “concise-paper” articles of around 2000 – 6000 words. A title of no more than eight words should be provided.
    If you would like to get involved in Islamic Finance Journal, please do not hesitate to contact the editor-in-chief, Prof. Dr. Rukhsar Ahmed. Email: iibti@hotmail.com http://www.iibti.com


  19. Please let me know if i can publish my papers from your end.


  20. Takaful Company says:

    University of Karachi awarded Prof. Rukhsar Ahmed a PhD degree in TAKAFUL, entitled “TAKAFUL in ISLAMIC LAW and a Proposed MODEL for Business Administration in a Modern Financial Market”. The research conducted for eight years under the supervision and guidance of Prof. Dr. Akhter Saeed Siddiqui (PhD-University of Edinburgh-UK), an Islamic Economist and Senior Dean, Faculty of Islamic Studies, University of Karachi.

    Prof Dr. Ansar Khan, Director, Institute of Islamic Banking and Takaful Insurance evaluated his research thesis as the External Examiner. The Chairperson, Department of Islamic Learning Prof. Dr. Rehana Firdous (PhD-University of London) appointed as Internal Examiner. This is the first kind of Degree awarded by University of Karachi, Pakistan


  21. Jazak Allah for your message, wishes and advice.

    Insha Allah, I will visit the website and wish you success in this life and hereafter.




  22. Rashid Kaddoura says:

    Assalam u Alaikum warahmatullahi wabaraktuh

    Dear Managers oF IEP

    I’m a researcher on bringing solutions for economies in the World. I’m a Muslim Researcher. I already have found the solution for the biggest part of the problem. One of the major Problem Muslims have is that they don’t have the resources for funds to provide 100% usury free finance. But, they depend on foreign investors or banks which causes them to go by the terms of the investors and forcing them to forge Islamic finance to make it to suite the conventional system loans.

    Best regards

    Rashid Kaddoura


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