Tag: Islamic Economics Project

Moral Reflections on Economics, Vol 5, Issue 11

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November issue of Moral Reflections on Economics is published, featuring:
• “Complexity Economics: Dynamic Perspective” by Prof. Dr. Tariqullah Khan.
• Problems with Interest Based System by Hifz Ur Rab.
• Highlights of Social Report 2025 by Hammad.
• Book review of “Methodology of Economics” by Dr. Waleed.
• Research paper in focus on “The Economics Profession, the Financial Crisis, and Method” by Dr. David Colander
• Regular sections of reflections, market news, economic and financial indicators and call for papers.

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Moral Reflections on Economics, Vol 5, Issue 9

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September 2025 issue (Vol 5, Issue 9) of Moral Reflections on Economics features
• “Central Bank Digital Currencies Through an Islamic Lens” by Dr. Ilma Khan, Jamia Millia Islamia, India.
• Highlights from Lecture on “Islamic Worldview and Sustainable Development: Limits of Legal Compliance and the Need for Ethics” by Prof. Habib Ahmed, Professor, Durham University, UK.
• “The Role of Integrated Value Mediation in ESG Frameworks: Transforming Circular Agriculture within an Islamic Economic Context” by Davi John J S. Palo.
• Book review of “Islamic Economics: A Short History” by Dr. Ahmed El-Ashker and Prof. Rodney Wilson.
• Research paper in focus on “Relational business model for shared responsibility” by Dr. Josef Wieland and Dr. Jessica Geraldo Schwengber.
• Regular sections of reflections, market news, economic and financial indicators and call for papers.

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Moral Reflections on Economics, Vol 5, Issue 8

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August 2025 issue (Vol 5, Issue 8) of Moral Reflections on Economics features

– “Rethinking the Architecture of Ethical Banking” by Prof. Turalay Kenc, Professor, INCEIF University Malaysia.

– “Reinstating the Family in ESG: A Tawhidic and Maqasidic Recalibration of Global Governance Frameworks” by Prof. Suhaimi Bin Mhd. Sarif, Professor, KENMS, IIUM, Malaysia.

– Towards Understanding Riba by Hifz-ur-Rab.

– Book review of “Debunking Economics” by Prof. Steve Keen.

– Research paper in focus on “Behavioural and Islamic Economics Critique on Mainstream Views on Unemployment” by Dr. Ekrem Yilmaz.

– Reflections on Faith and Science.

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

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

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Moral Reflections on Economics, Vol 5, Issue 7

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July 2025 issue (Vol 5, Issue 7) of Moral Reflections on Economics features

– “Islamic Banking Beyond Shariah Compliance ” by Dr. Abidullah, Asst. Prof. Sakarya University
– “Outline of Islamic Fiscal Policy” by Dr. Syed Ahmed Ali, Asst. Prof. AERC, KU
– Note on Remembering Prof. Zubair Hasan
– Highlights of HDI Report by Muhammad Hammad
– Book review of “Economic Development in Islamic Framework” by Prof. Khurshid Ahmad
– Research paper in focus on ESG Practices and Bank Performance by Dr. Faaza Fakhrunnas, Prof. Turalay Kenc, Dr. Zhang Hengchao,
– Reflections on Socio-Cultural Importance of Hajj
– Regular sections of market news, economic and financial indicators and call for papers.

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

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Moral Reflections on Economics, Vol 5, Issue 4

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April 2025 issue (Vol 5, Issue 4) of Moral Reflections on Economics features

Introduction and Review of the Documentary Insaan Ki Kahani by Abu Yahya

Highlights of Net Zero Banking Alliance Progress Report by Muhammad Hammad

Article on Towards Understanding Riba by Hifz Ur Rab

Book review of Divine Whispers by Mujeeb Haqqie

Research paper in focus on Financial Stability by Dr. Hassan and Dr. Noureddine

Reflections on Self-Help Books

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

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Moral Reflections on Economics, Vol 5, Issue 2

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February 2025 (Vol 5, Issue 2) issue of Moral Reflections on Economics features article on Islamic Finance and Inclusive Growth, Highlights of AlBaraka Forum by Muhammad Hammad, IEP Public Poll results on Effects of USA’s Pullout from Climate Commitments, Book review of History of Islamic Economics Thought by Prof. Abdul Azim Islahi, Research paper in focus on Financial Inclusion and Growth in OIC Countries by Massinissa Ameziane, Reflections on Qur’anic Description of Nature,
Regular sections of market news, economic and financial indicators and call for papers.

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Moral Reflections on Economics, Vol 5, Issue 1

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January 2025 (Vol 5, Issue 1) issue of Moral Reflections on Economics is online. It features article on Theories of Economic Development and Islamic Economics, Highlights of Global Hunger Report 2024 by Hammad, IEP Public Poll results on Challenges to Banking Sector in 2025, book review of Reconstruction of Religious Thought in Islam by Allama Iqbal, research paper in focus on The Value of Societal Values in Finance by Carolin Schellhorn, Reflections on Quran and Ethics by Abrar Ahmed and regular sections of market news, economic and financial indicators and call for papers.

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Economy of Companions of Prophet Muhammad (Pbuh)

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Trade was liked by the Prophet صلى الله عليه وسلم, because it was a means of livelihood based on morality and honesty. He صلى الله عليه وسلم himself was famous in trade and Hazrat Uthman Ghani and Hazrat Abd al-Rahman bin Awf among the Companions (may Allah be pleased with them) were known as useful traders. Hazrat Abd al-Rahman bin Awf remained engaged in trade even after his migration to Medina and achieved great commercial success with his God-given abilities. Hazrat Uthman‟s trading business was so large that his income made him a model of great generosity and he spent his wealth for society.

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Inflationary Burden of Taxes

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Despite huge burden of taxes in this budget, 75% of all tax revenues will just go in paying interest on and instalments of previous debt. Last year, government spent around Rs 400 billion in PSDP. Spending every year in PSDP falls short of announcement. This Rs 400 billion is less than even 5% of what we will pay in debt servicing and less than 20% of what we will spend in defense.

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Moral Reflections on Economics, Vol 4, Issue 2

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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.

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