Tag: Full Reserve Banking

Moral Reflections on Economics, Vol 6, Issue 11

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November 2026 issue (Vol 6, Issue 11) of Moral Reflections on Economics features

• “Is a Crypto Asset Mal” by Dr. Farrukh Habib, CEO Azka Capital, UK & Co-Founder Alif Technologies, Dubai.

• “Money and Faith” by Azah Atikah Anwar Batcha, Research Scholar, UiTM, Malaysia.

• Highlights of AI in Education Report 2026 by Muhammad Hammad.

• Book review of “Agency, Rationality, and Morality: A Qur’anic View of Man” by Mona Abul-Fadl.

• Research paper in focus on “Islamic Finance and Money Creation: Sharīʿah Issues and a Reform Proposal” by Abdullah Al-Sulami and Ayman Saleh.

• Regular sections of reflections, market news, economic and financial indicators and call for papers.

Download at: https://islamiceconomicsproject.com/periodicals/

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Breaking the Trap of Debt, Inflation, Interest and Poverty

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The book by Qanit Khalilullah and Sohaib Umar offers a critique of the modern fractional-reserve banking system, arguing that it is the primary engine behind chronic economic instability, inflation, and wealth inequality. The authors propose a radical macroeconomic transition to a full-reserve banking model. This proposal is specifically tailored as a structural panacea for Pakistan’s crippling debt crisis, while simultaneously being framed as a genuine path to establishing a Shari’ah-compliant Islamic financial system.

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Moral Reflections on Economics, Vol 6, Issue 6

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Port congested with shipping containers and ships, protesters with signs for peace, wildfires and flooding nearby, map of disrupted trade routes

May 2026 issue (Vol 6, Issue 5) of Moral Reflections on Economics features

• “From Ontological to Epistemic–Institutional Halal” by Prof. Dr. Turalay Kenc, INCEIF University, Malaysia.

• “The Social and Cultural Importance of Hajj”  by Dr. Salman Ahmed Shaikh.

• Highlights of Global Trade Report by Muhammad Hammad.

• Book review of “Breaking the Trap of Debt, Inflation, Interest and Poverty” by Qanit Khalilullah and Sohaib Umar.

• Research paper in focus on “Beyond Prohibitions: Unveiling the Hidden Dynamics of Islamic Economics and Finance” by Prof. Dr. Burhan Uluyol.

• Regular sections of reflections, market news, economic and financial indicators and call for papers.

Download at: Periodicals

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