School of Economics and Finance, University of KwaZulu-Natal

Islamic Economics: Still in Search of an Identity

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The last few decades have seen a phenomenal growth of the emerging discipline of Islamic Economics and Finance. In this paper I trace the origins and birth of this nascent science, examining the various factors that gave impetus to its emergence and development. I contrast the different characterisations of the discipline as it has developed within the broader sociopolitical context and the reasons thereof.