Early Islam and the Birth of Capitalism proposes a strikingly original thesis—that capitalism first emerged in Arabia …, not in late medieval Italian city states as is commonly assumed. Early Islam made a seminal but largely unrecognized … dynasty of religious, civil, and commercial leaders, Muhammad was a successful businessman before founding Islam. As such, the …

The doctrine of ""Islamic economics"" entered debates over the social role of Islam in the mid-twentieth century. Since …