Author: Dr. Maszlee Malik, Institute for Democracy and Economic Affairs & Istanbul Network for Liberty * This case study has been published in the 2016 International Property Rights Index. Abstract Amongst the cardinal principles of “free market” is the individual’s right to own private properties. There will be no freedom if individuals do not…Details
Author: Imad-ad-Dean Ahmad* INTRODUCTION Islam is the only major world religion founded by a businessman, although, in a sense, Judaism, Christianity and Islam all trace their origins to another businessman, Abraham, the ancestor of Moses, Jesus and Muhammad, peace be upon them all. Islam has never had any hostility to the profession of the…Details
Author: Azhar Aslam This article is published in the “Islamic Foundations of a Free Society”, Institute of Economic Affairs, 2016. You can download the whole book from here: Islamic foundations for a Free Society (pdf) Consensus opinion suggests that the philosophies of individualism and liberalism that opened the path to modernity in the West are…Details
“The biggest fear in the Muslim world is the association in their minds of free markets with imperialism,” says Dr. Imad-ad-Dean Ahmad, president of the Minaret of Freedom Institute. “But those of us familiar with the history of libertarian thought know that true devotees of the free market have always been opposed to imperialism.” …Details
The Middle East’s future depends on the answer Author: Guy Sorman* The moment you arrive at the airport in Cairo, you discover how little Egypt—the heart of Arab civilization—is governed by the rule of law. You line up to show your passport to the customs officer; you wait and wait and wait. Eventually, you reach…Details
The IEA’s Islamic Foundations of a Free Society, written by a range of Islamic scholars, sheds a great deal of light on questions about Islam’s compatibility with a free society and a free economy. This book aims to inform those in the West who view Islam with fear and suspicion, while encouraging Muslims to remember and…Details
Dr. Benedikt Koehler is a historian, a former banker and an expert in early Islamic Economics. As part of a new three-year “History of Capitalism” course, Dr. Koehler delivered an inaugural lecture based on his book, “Early Islam and the Origins of Capitalism”. In his lecture, Koehler proposed a strikingly original thesis; that capitalism first…Details
Author: Prof. Murat Çizakça(*) “It was a humbling experience to read the product of such a remarkable feat of scholarship. It is all at once an exploration in analytic history and a comprehensive text of Islamic finance theory and application. It is also one of the most succinct renditions of evolution of Islamic finance embedded…Details
Dr. Abdullah Saeed* speaks at Princeton University about religious freedom in Islam.
(*) Abdullah Saeed is the Sultan of Oman Professor of Arab and Islamic Studies at the University of Melbourne, Australia.
Author: Chandran Kukathas* What is the relationship between Islam, democracy, and civil society? This is the question which supplies the topic of this essay, Its purpose, more particularly, is to explore the place of Islam in the modern world-a world which contemporary writers increasingly try to understand by invoking the notions of democracy and civil…Details
Author: Norman Barry* “Islam Civil Society and Market Economy”, ed: Atilla Yayla, Ankara: Liberte Publications, 1999 (first print). This paper was presented in the International Symposium titled Islam Civil Society and Market Economy held at 18-19 of May, 1998 in Istanbul. The concept of civil society is closely associated with the post-communist era.(1) Although…Details
Reviewed by Dr. Niaz A. Shah* Abdulaziz Sachedina has set himself the noble but challenging task of searching for a human rights system in the Islamic tradition, a system that would guarantee human dignity and which would not conflict with the 1948 United Nations Universal Declaration of Human Rights. Sachedina endeavors to go to the foundational…Details