Islamic Economics Project

Research on Islamic Economics and Finance and Role of Faith in Markets and Society in Post Modern Scientific Age

Wednesday, January 27th, 2021

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Review of Divine Economics Framework

By Salman Ahmed Shaikh on December 28, 2020 • ( 3 Comments )

Influence of Physics in Contemporary Mainstream Economics

By Salman Ahmed Shaikh on November 18, 2020 • ( Leave a comment )

Fiscal and Monetary Policy in Islamic Financial Framework

By Salman Ahmed Shaikh on November 4, 2020 • ( Leave a comment )

Realist and the Idealist Schools of Thought in Islamic Banking

By Salman Ahmed Shaikh on October 13, 2020 • ( Leave a comment )

Economics of Wasteful or Excessive Consumption

By Salman Ahmed Shaikh on September 21, 2020 • ( Leave a comment )

Questions in Islamic Economics: Connecting Spiritual Growth to Economic Theory

By Salman Ahmed Shaikh on April 3, 2020 • ( Leave a comment )

Opportunity Cost of Capital in Islamic Economic Framework

By Salman Ahmed Shaikh on February 13, 2012 • ( 2 Comments )

Opportunity cost is a useful concept in economics. This article tries to explain how this concept is used to justify interest. Then, the article also highlights the problem with this approach.

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Islamic Economic Framework and Systematic Life

By Salman Ahmed Shaikh on February 9, 2012 • ( Leave a comment )

Abstaining from excessiveness in consumption, usury, speculation, gambling and fraud in trade and by engaging in charitable giving and living one’s life with the realization to be always helpful to the other members of society creates a sea of change if one starts believing in it and practice it.

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Analysis of Ethical Dimension of the Great Recession (2007-2010)

By Salman Ahmed Shaikh on January 26, 2012 • ( Leave a comment )

Unrestrained chase of self-interest, moral relativism, incentive-led economic choices and indifference to collective responsibilities has led to engender societies where economic interests have become the solitary basis of establishing and maintaining relationships.

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Scarcity of Resources and Islamic Economics

By Salman Ahmed Shaikh on January 24, 2012 • ( Leave a comment )

books on introductory economics seldom use naturally un-achievable aspirations in discussing the so called fundamental economic fact. Most of the essential things are really not scarce at all. Food per capita has actually increased since the 1970s as per Food and Agricultural Organization (FAO) data.

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A Brief Note on Automatic Stabilizers in Islamic Economic Framework

By Salman Ahmed Shaikh on January 11, 2012 • ( 1 Comment )

Non-discretionary fiscal policy with automatic stabilizers can help in stabilizing the business cycles. This article discusses how the institution of Zakat can act as automatic stabilizer in an Islamic economic framework.

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Articles on Islamic Economics »

Review of Divine Economics Framework

Influence of Physics in Contemporary Mainstream Economics

Fiscal and Monetary Policy in Islamic Financial Framework

Articles on Islamic Finance »

Why Giving Interest is Also Prohibited in Islamic Finance

Realist and the Idealist Schools of Thought in Islamic Banking

Islamic Banking and Conventional Banking During COVID-19 Crisis

Science and Religion »

Reflections on the Origins in the Post COVID-19 World

Origin of Corona Virus and Origin of Everything

Corona Virus Pandemic and Religion

General Issues About Islam »

Who Is Muhammad (Prophet PBUH)

Some Misconceptions about Jihad in Islam

How Did Islam Abolish Slavery?

Socio-Political Issues »

Need for a Well-Directed Muslim Response

Islamic Perspective on Gender Issues and Development

Material Progress and Islam

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Reflections on the Origins in the Post COVID-19 World (Paperback)

ISBN: 978-96923470-0-6 An engaging book to reflect on the origins and the deeper questions of existence and meaning in life in the light of knowledge from science, philosophy and faith as we live through and beyond the COVID-19 world.

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Reflections on the Origins in the Post COVID-19 World

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