First Principles Of Islamic Economics

By Khurshid Ahmad

Book Description

This foundational work explores how spiritual principles can transform our understanding of economics and wealth creation. Drawing from the pioneering insights of influential Muslim intellectual Abul A'la Mawdudi, the book presents a comprehensive framework where economic activity serves higher moral purposes rather than purely material gain.

At the heart of this approach lies the revolutionary concept of non-usury economics, which seeks to unite efficiency with equity in ways that conventional economic systems often fail to achieve. Rather than viewing these as competing forces, the book demonstrates how they can work together to create sustainable prosperity that benefits both individuals and communities.

The work reveals how the creation and distribution of wealth can become powerful tools for promoting genuine well-being and social justice. By placing economic pursuits within a context of moral values, it offers readers a path toward development that honors both material needs and spiritual growth.

This paradigm challenges readers to reconsider fundamental assumptions about money, success, and human welfare. The book provides practical insights for those seeking to align their economic choices with deeper values, showing how financial decisions can become expressions of spiritual principles.

For anyone interested in exploring alternative approaches to wealth, business ethics, or sustainable development, this work offers a thoughtful examination of how ancient wisdom can address modern economic challenges while fostering both personal fulfillment and collective prosperity.