Almost three decades have passed since the founding of the first modern Islamic bank in the small Egyptian delta town of Mit Ghamr. Islamic banking has developed so remarkably in the last quarter century, that it is hard to believe that the movement is so young.The main expansion occurred in the...

It is important to acknowledge earlier shortcomings in any branch of academic enquiry with hindsight, even though for many, self-criticism of one's own earlier work is often difficult. In this context it is refreshing to read Nejatullah Siddiqi, a leading pioneer of Islamic economic thought over...

There are many excellent textbooks on economics, but few that attempt to approach the discipline from an Islamic perspective. The first in English was the classic text by M.A. Mannan, Islamic Economics: Theory and Practice, (Hodder and Stoughton, 1986). This has a conventional layout, but within...

When it was originally published this volume was the first comprehensive survey of the experience of Islamic banking throughout the Muslim world in Turkey, Egypt, Kuwait, Jordan, Sudan, iran, Pakistan and Saudi Arabia. Drawing comparisons between the countries in economic terms, it shows that...