Articles
Syllogistic deductionism in Islamic social choice theory
The Islamic social and economic worldview is not pluralistic.
Financing and investment in Awqaf projects; a non-technical introduction
A waqf is a charitable endowment;
Zakat and inequality: some evidence from Pakistan
Utilizing evidence from the period 1987-88, two different models of Pakistani income distribution are set up--one that takes into account the payment and receipt of zaka, and one that presents income distribution as it would have been without the practice of zaka. The analysis, featuring Atkinson-Kolm-Sen relative indices, concludes that the practice of zaka does in fact lessen the degree of income inequality in the country. The degree to which inequality is lessened is not great, however.
Muslims in Europe: a critique of occidentalist views
This is a critical review of the book entitled Muslims in Europe (Lewis and Schnapper 1994). The book is a collection of essays on the subject of
The nature and significance of the medieval and modern interpretation of riba
The transition of the Pakistani economy from its feudal origins to a modern and industry-based setup has been marked by opposition from the more traditional and conservative segments of society, with the focal point being perceived violation of the ban on riba.
Contemporary practices of Islamic financing techniques
Islamic financial institutions exist as a result of the Islamic prohibition against riba. Although the theory of Islamic banking is widely reported on, the practice of Islamic banks has received relatively little attention.