IEF 313 - History of Islamic Economics

The aim of th

Aims of the course:

1. First, to familiarize the third year University students with the history of Islamic economics, starting from the beginning (the economic practices from the stories of some eminent Prophets and Messengers of Allah (T) such as Adam (S) Yusuf (S), Shu'ayb (S) Moses (S) as drawn from the Holy Qur'an).
2. Second, to highlight some economic teachings, from the Holy Qur'an, the Sacred Sunnah (sayings, practices and Approvals of the Prophet Mohammed (S), and the economic practices of the Rightly Guided Caliphs (R).
3. Thirdly, to highlight some of the major contributions towards the development of Islamic economics over time, like the new or innovative practices during the different major Islamic dynasties (Umayyad, Abbasid, Andalusian and Ottoman caliphates).
4. Third, to point out some of the economic contributions of early Muslim scholars, like the four Sunni Imams (Abu-Hanihah, Malik Ibn Anas, Safi'i and Ahmed Ibn Hanbal), Abu Yusuf, Al-Shaybani and other jurists.
5. Fourth, to explore and analyse the economic ideas of some of the early Muslim scholars such Al-Ghazali, Ibn Taymiyah, Ibn Khaldoun and Al-Maqrizi as and defines various phases of the development of Islamic economics.
6. Fifth, to explore and analyse the economic ideas of some of the contemporary Scholars, who contributed to the revival of Islamic economics in the 19^th and 20^th Centuries such as Shah Waliullah, Abul A'la al-Mawdudi, Mohammed Hamidullah, Malik Bennabi, Abdul Aziz Al-Naggar, Umer Chapra, Nejatullah Siddiqi, Yusuf Al-Qaradawi, Monzer Kahf, Muhammad Abdul Mannan and Rafic Al-Masri, Etc.

The course is expected to assist the students in developing their understanding of Islamic economic history and how it evolved over time.

is course is to analyze the economic history of Muslim societies since the beginning of Islam till today.

The course covers the economic history of Muslims withing the periods of the Prophet Muhammad (saw), the caliphates, Amavis, Abbasis, Ottomans, and after the 20th. century.