February issue of Moral Reflections on Economics is online. It features article on Liquidity Risks in Islamic Banks, Roundup of Al Baraka Forum 2024, IEP Public Poll results on Cost of War in Gaza, book review of Economics of Prophet Muhammad (pbuh) by Syed Fazlur Rehman, research paper in focus on Cash Waqf in Malaysia by Zaki Ahmad, Mushtaq Ahmed & Mahvish Nawaz Mokal and regular sections of reflections, news, economic and financial indicators and call for papers.
January 2024 issue of Moral Reflections on #Economics is online. It features article on UN #SDGs and #Gaza Crisis, Highlights of Multidimensional #Poverty Index Report 2023, IEP Public Poll results on Economic Boycott, book review of #Islam and Economic Security by Yousuf Qaradawi, research paper in focus on #Halal tourism by Dr. Punit and regular sections of reflections, #news, economic and financial indicators and call for papers. Download for free.
The report recognizes the interdependence of climate, ecosystems and biodiversity, and human societies; the value of diverse forms of knowledge; and the close linkages between climate change adaptation, mitigation, ecosystem health, human well-being and sustainable development, and reflects the increasing diversity of actors involved in climate action.
This report is a call to accept transformations with the instantly needed to accelerate progress toward the Sustainable Development Goals. The last report was published in 2019 after that many challenges have arrived, progress has been restricted in many areas, partly as a consequence of a confluence of crises – the ongoing pandemic, rising inflation and the cost-of-living crisis, environmental and economic distress, along with regional and national unrest, conflicts, and natural disasters.
Boycotts are more effective when boycotting consumers make up a large market segment, have substitutes and when consumers can boycott for long.
Human behaviour, consumption and business activities have been identified as the main cause of the climate crisis the earth is facing at present, having seriously detrimental effects on the earth’s bio capacity to sustain life. These effects, referred to as anthropogenic impacts, are causing degradation of the globally shared public resource known as natural capital.
Reflections from Al-Ghazali
Excerpts from A Treasury of Ghazali
Published by Kube Publishing and Distributed in Pakistan by Institute of Policy Studies Press
This paper attempts to show how ethical piety can lead to endogenous growth through mathematical modelling.
Fasting in the full-month of Ramadan every year teaches restraint by experiencing it. It brings humility, discipline, restraint, self-control and social consciousness about issues of hunger and deprivation. It is more powerful to share a state of being for the whole month in restraint than an hour of lighting out. It encourages solidarity and pro-social behaviour.
Shaikh Saadi is widely recognized as one of the greatest poets of the classical literary tradition. Here are few pearls of wisdom from his writings.
Islamic Economics Project 