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Islamic finance industry has grown by leaps and bounds in various countries. Unfortunately that has not been the case in India except in the academic field where India managed to keep her presence felt on the Islamic finance world map. Islamic Economics Bulletin was one such humble contribution which began publishing from 1991 and continued regularly till 2005. The bi-monthly Bulletin though small (four pages) and not so impressive compared to the slick modern publications, was still eagerly awaited in reputed universities, institutions and community circles in India. The Bulletin’s four pages were structured in a manner that made it useful for a
variety of users from industry and academia.






























Forthcoming Events



Research papers are invited for the seminar on Economic Problems and Qur’anic Teachings to be held during 6-7 November, 2010, in the Institute of Qur'anic Studies, Idarah Ulum al-Qur'an, Aligarh, India. The paper may be written in any language out of Urdu, Arabic and English. It should be within the limit of 20 pages. The English version of the topics and important dates are given below. The Institute will offer the paper presenters only, from within the country, a second sleeper class train ticket to and from Aligarh, in addition to local hospitality.

Topics for the Seminar on Economic Problems and Qur’anic Teachings

  • Factors of production in the Qur’an and conventional economics: a comparative study
  • Qur’anic theory of production and its distinguishing features
  • The Qur’an and creation of wealth
  • The Qur’anic theory of consumption and consumerism
  • Economic impact of the abolition of interest
  • Was riba abolished in one stroke or was it prohibited gradually? Questions arising out of it
  • Relation between Riba’l-Qura’n and Riba’l-Hadith(riba’l-fadl and riba’l-nasiah): An analytical study
  • Qur’anic system of inheritance and its economic significance
  • Qur’anic system of inheritance: A comparative study
  • Economic empowerment of women in the light of the Qur’an
  • Economic role of zakah in the contemporary society regarding eradication of poverty, narrowing differences, promotion of fellow-feelings etc.
  • The Qur’an and the international trade
  • The Qur’anic principles of business and trade
  • The Qur’an and the public finance: the question of levying extra-Shariah taxes
  • A critical examination of the controversy in past and present on the issue of jizyah
  • The role of zakah in Islamic fiscal policy
  • Public expenditure in the Qur’an
  • An examination of the verses referred in the contemporary literature on eradication of poverty and narrowing down differences.
  • The Qur’an and the concept of scarcity: a study of the opinions of Muslim economists
  • The Qur’an and economic growth and development
  • The Qur’an and the human resource development
  • The Qur’an and the economic justice: A comparison with other economic systems
  • Economic miracle of the Qur’an
  • A survey of the literatures on Qur’anic economics
  • Economic verses in suratal-Baqarah and their coherence
  • Rules derived from the ayat al-tadayun (verse on lending-borrowing contract) and their importance in present day dealings
  • Explications of the key economic words in the Qur’an such as: infaq, israf, turf, rizq, akl, bakhs, bukhl, riba, sa’y, ibtigha’,  tijarah, ma’ash, fadl-Allah, maal, qiyam, baghy (in the story of Korah), sa’il, mahrum, qut, etc.
  • Basic economic concepts of the Qur’an, such as: istikhlaf, milk, safh, fa’y, ghanimah, adl, mua’asat, ghina, faqr, isti’mal, etc.
  • Differences and development in understanding the economic teachings of the Qur’an, for example, meaning, explication, and examples of ‘israf’’ by various Qur’anic scholars
  • Latest interpretations of Qur'anic economic teachings in works of 20th century and early 21st century such as mutual solidarity, development, protection of environment, etc.
  • Changing emphasis and priority in presentation of Qur’anic economic teachings
  • An analysis of the verses cited in Islamic literature on ecology
  • Interpretations, and explications of the Qura’anic economic terminology by the post-Sayyid Qutb, post-Mawdudi, and post-al-Qaradawi thinkers and scholars.

Dates to be remembered:
15. 2. 2010, date for submission of title and brief outline of the proposed paper
28. 2. 2010, date for letter of acceptance and communication regarding any comment or suggestion by referees on the submitted title and outline of the proposed paper
30. 6. 2010, Last date for submission of the completed paper
31. 7. 2010, date for communication regarding revision if required
30. 9. 2010, last date for the receipt of the revised paper
6-7 November, 2010, seminar dates,  Venue: IUQ, Aligarh,  India

Dr. Abdul Azim Islahi                                                                Prof. Ishtiaq Ahmad Zilli
Professor of Economics                                                               President
Seminar Convener                                                                    Idarah Ulum al-Qur'an

Should you have any queries, please do not hesitate to contact us.                                                   
E-mail: aaislahi@gmail.com                                                     zilli@rediffmail.com
Postal Address: Idarah Ulum al-Qur'an, Shibli Bagh, Jamalpur, ALIGARH. 202002, India

Please visit www.alquran.in for more details about the Idarah Ulَََum al-Qur'an (The Institute of Qur'anic Studies)





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