What Is Wrong with Islamic Economics?
Muhammad Akram Khan
What this source says
Khan offers a candid internal critique of the Islamic economics and finance project, arguing that the discipline has produced little distinctive theory and that much 'Islamic' banking reproduces conventional interest-based outcomes under different labels. While fully affirming the prohibition of riba, he contends that the industry has too often chased form-based compliance and Shariah arbitrage rather than the substantive justice the prohibition is meant to secure, and he sets out an agenda for reform.
Wording inside quotation marks is quoted from the source. The rest is this notebook’s summary of it — read the original before relying on it.
Provenance
- Source
- Muhammad Akram Khan, What Is Wrong with Islamic Economics? Analysing the Present State and Future Agenda (Edward Elgar, 2013), ISBN 9781782544142
- Edition
- Cheltenham: Edward Elgar, 2013
- School / basis
- Comparative
- Added
- 2026-06-03
- Trust
- A position recorded from a named, published source — reported accurately, not independently adjudicated.
Compiler’s note
Documented summary of a real Edward Elgar title; not a verbatim quotation. ISBN verified.
Topics
islamic-financeislamic-economicsribacritique
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