Contemporary Economic Challenges & Islam

Islam and Economic challenges of today is a subject that has assumed immense importance for people the world over. The argument that follows shall deal with it not merely in perspective of an economist, but a Muslim viewpoint shall also be discussed. The ultimate objective shall be to suggest some way out of the crisis; how these challenges may be faced, not the cure. The task is difficult in the sense that it covers a very vast area in a very short span of time. It shall not be inappropriate to say in the very outset that gist of what I gathered from my deep involvement in teaching and research in Economics is that ‘though economics is important, yet economics is not enough.’ Man does not live by bread alone. The economic dimension is very important, but the moral and human dimension is more important.

Source: Contemporary Economic Challenges and Islam, Khurshid Ahmed. Republished with permission.