Muhammad Ayub, ed., Economics and Economic Policy – Islamic Perspective (Islamabad: Riphah International Islamic University, 2022), 670.

Abstract

This book is jointly written by a group of eminent experts in Islamic economics and finance including Prof. Dr Muhammad Fahim Khan, Prof. Dr Muhammad Ayub, Prof. Dr Anas Zarqa, Prof. Dr Akram Laldin, Prof. Dr Muhammad Tahir Mansoori and Prof. Dr Ma’sum Billah, among others. The book is divided into six parts and 22 chapters. Part one builds the ground for a new approach in economics by highlighting the theoretical and socioeconomic challenges being faced under the mainstream paradigm of economics. It is argued that beyond market economics, ethical values and the role of the entrepreneur in the production process are undermined or ignored in mainstream economics.