This book explores in detail the proposition that (private) morality, especially religious morality, is vital for achieving economic well-being and human happiness; and that this linkage would be even stronger in an Islamic economy. The book highlights the need for an active interaction between religion, morality and economics in general and in an (idealized) Islamic economy in particular. Professor Syed Nawab Haider Naqvi has an MA from Yale University and a PhD from Princeton University. He did his post-doctoral work at Harvard University.
This book explores in detail the proposition that (private) morality, especially religious morality, is vital for achieving economic well-being and human happiness; and that this linkage would be even stronger in an Islamic economy. The book highlights the need for an active interaction between religion, morality and economics in general and in an (idealized) Islamic economy in particular. Professor Syed Nawab Haider Naqvi has an MA from Yale University and a PhD from Princeton University. He did his post-doctoral work at Harvard University.
The Islamic perception of the socio-economic process is dynamic and its insistence on social justice is uncompromising. To produce the best social structure, according to this view, man’s economic endeavours should be motivated by a meaningful moral philosophy. In the face of the challenges presented by the modern world, the practice of Islamic economics raises many complex and profound issues. These are addressed in this highly important work, which must be considered essential reading for all those who live in the vision of the ‘right’. First published in 1994.
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