Maulānā Maudūdī and the genesis of Islamic Economics
Maulānā Sayyid Abū’l-A‘lā Maudūdī (1903-1979) is credited with being the founder of Islamic Economics, and having developed the idea of an Islamic Economic System. This article investigates and finds little support for this claim. Moreover, it suggests that these claims not only strain the evidence...
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| Format: | Article |
| Language: | English |
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İLKE İlim Kültür Eğitim Vakfı
2021-08-01
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| Series: | Türkiye İslam İktisadı Dergisi |
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| Online Access: | https://tujise.org/content/6-issues/17-2/6-a036/a036.pdf |
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| _version_ | 1841561486595457024 |
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| author | Arshad Zaman |
| author_facet | Arshad Zaman |
| author_sort | Arshad Zaman |
| collection | DOAJ |
| description | Maulānā Sayyid Abū’l-A‘lā Maudūdī (1903-1979) is credited with being the founder of Islamic Economics, and having developed the idea of an Islamic Economic System. This article investigates and finds little support for this claim. Moreover, it suggests that these claims not only strain the evidence available, but they also distort Maulānā Maudūdī’s thoughts, and add little either to his formidable stature as one of the most influential Muslim leaders of the twentieth century, or to the dignity of Islam. Instead, it proposes that Maulānā’s economic thought should be viewed as a minor if inextricable component of his social and political vision of a modern Islamic state. Or, as arrangements in law and government for the provision of livelihoods, akin to the German tradition of Polizeiwissenschaft in a Staatswissenschaft, but from the Islamic perspective of commanding the right and forbidding the wrong (especially, allowing wages, rents and profits, but not interest). |
| format | Article |
| id | doaj-art-6497993b97544412b99e6d7183201cee |
| institution | Kabale University |
| issn | 2148-3809 |
| language | English |
| publishDate | 2021-08-01 |
| publisher | İLKE İlim Kültür Eğitim Vakfı |
| record_format | Article |
| series | Türkiye İslam İktisadı Dergisi |
| spelling | doaj-art-6497993b97544412b99e6d7183201cee2025-01-03T01:34:36ZengİLKE İlim Kültür Eğitim VakfıTürkiye İslam İktisadı Dergisi2148-38092021-08-0182597-62259762210.26414/A036Maulānā Maudūdī and the genesis of Islamic EconomicsArshad Zaman0https://orcid.org/0000-0002-9669-9746Independent scholarMaulānā Sayyid Abū’l-A‘lā Maudūdī (1903-1979) is credited with being the founder of Islamic Economics, and having developed the idea of an Islamic Economic System. This article investigates and finds little support for this claim. Moreover, it suggests that these claims not only strain the evidence available, but they also distort Maulānā Maudūdī’s thoughts, and add little either to his formidable stature as one of the most influential Muslim leaders of the twentieth century, or to the dignity of Islam. Instead, it proposes that Maulānā’s economic thought should be viewed as a minor if inextricable component of his social and political vision of a modern Islamic state. Or, as arrangements in law and government for the provision of livelihoods, akin to the German tradition of Polizeiwissenschaft in a Staatswissenschaft, but from the Islamic perspective of commanding the right and forbidding the wrong (especially, allowing wages, rents and profits, but not interest).https://tujise.org/content/6-issues/17-2/6-a036/a036.pdfislamic economicsmaudūdīmawdūdīpublic economicsillegal behaviourusuryribālegal systemislamic economic system |
| spellingShingle | Arshad Zaman Maulānā Maudūdī and the genesis of Islamic Economics Türkiye İslam İktisadı Dergisi islamic economics maudūdī mawdūdī public economics illegal behaviour usury ribā legal system islamic economic system |
| title | Maulānā Maudūdī and the genesis of Islamic Economics |
| title_full | Maulānā Maudūdī and the genesis of Islamic Economics |
| title_fullStr | Maulānā Maudūdī and the genesis of Islamic Economics |
| title_full_unstemmed | Maulānā Maudūdī and the genesis of Islamic Economics |
| title_short | Maulānā Maudūdī and the genesis of Islamic Economics |
| title_sort | maulana maududi and the genesis of islamic economics |
| topic | islamic economics maudūdī mawdūdī public economics illegal behaviour usury ribā legal system islamic economic system |
| url | https://tujise.org/content/6-issues/17-2/6-a036/a036.pdf |
| work_keys_str_mv | AT arshadzaman maulanamaududiandthegenesisofislamiceconomics |