Palgrave Studies in Islamic Banking, Finance, and Economics

Prophecy, Piety, and Profits

A Conceptual and Comparative History of Islamic Economic Thought

Authors: Reda, Ayman

  • Explores Islamic perspectives on the history of economic concepts and ideas
  • Features comparative analyses of various popular schools of thought
  • Argues that knowledge of both theoretical and practical elements is vital to understanding and explaining economic phenomena
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eBook $139.00
price for USA (gross)
  • ISBN 978-1-137-56825-0
  • Digitally watermarked, DRM-free
  • Included format: PDF, EPUB
  • ebooks can be used on all reading devices
  • Immediate eBook download after purchase
Hardcover $179.99
price for USA
  • ISBN 978-1-137-56824-3
  • Free shipping for individuals worldwide
  • Usually dispatched within 3 to 5 business days.
About this book

This book examines, in greater depth than the existing literature, the history of Islamic economic thought. It seeks to introduce Islamic views to debates surrounding critical economic concepts, such as scarcity, wealth, poverty, charity, usury, self-interest, rationality, and markets. It does so through a comparative analysis with the views of Judaic, Christian, and secular economic thought. “Prophecy” is meant to signify the theoretical dimension of religion, while “piety” represents its practical element; neither part is feasible without the other. Together, prophecy and piety inform the Islamic view of economic concepts and phenomena. This view seeks to adjust our approach to profits, both in this world and the next, and seeks to reexamine what is truly profitable and worthy of sacrifice. 

About the authors

Ayman Reda is a Lecturer at the University of Michigan–Dearborn, USA. He has a PhD in Economics from Michigan State University, and specializes in the history of Islamic economic thought. His professional record includes several articles in internationally recognized journals, conference presentations, invitations to seminars, research grants, and book reviews.

Table of contents (25 chapters)

  • Abundance and Scarcity: Introduction

    Reda, Ayman

    Pages 3-7

  • Abundance and Scarcity: Greek Economic Thought

    Reda, Ayman

    Pages 9-14

  • Abundance and Scarcity: Christian Economic Thought

    Reda, Ayman

    Pages 15-34

  • Abundance and Scarcity: Classical Economic Thought

    Reda, Ayman

    Pages 35-50

  • Abundance and Scarcity: Neoclassical Economic Thought

    Reda, Ayman

    Pages 51-58

Buy this book

eBook $139.00
price for USA (gross)
  • ISBN 978-1-137-56825-0
  • Digitally watermarked, DRM-free
  • Included format: PDF, EPUB
  • ebooks can be used on all reading devices
  • Immediate eBook download after purchase
Hardcover $179.99
price for USA
  • ISBN 978-1-137-56824-3
  • Free shipping for individuals worldwide
  • Usually dispatched within 3 to 5 business days.
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Bibliographic Information

Bibliographic Information
Book Title
Prophecy, Piety, and Profits
Book Subtitle
A Conceptual and Comparative History of Islamic Economic Thought
Authors
Series Title
Palgrave Studies in Islamic Banking, Finance, and Economics
Copyright
2018
Publisher
Palgrave Macmillan US
Copyright Holder
The Editor(s) (if applicable) and The Author(s)
eBook ISBN
978-1-137-56825-0
DOI
10.1057/978-1-137-56825-0
Hardcover ISBN
978-1-137-56824-3
Edition Number
1
Number of Pages
XIII, 402
Topics