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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.










All thanks and gratitude to Allah the Almighty that He enabled us to serve the causes of Islamic economics in an environment which is highly indifferent to such activities if not hostile and opposed to it. We have completed more than a decade of the Association’ activities. It has moderate but constant record of functioning. A brief account of some important activities are given below:

  • Orientation programme and workshop on Islamic economics held at Aligarh Muslim University Feb. 22-23,1992.
  • First All India Conference on Islamic economics organized during June29-30, 1993 at Bangalore. The theme was "Relevance of Islamic Economics in the Indian Context.
  • Seminar at Jamiatul Falah, Azamgarh, during Oct. 1995. The theme was "Issues in Islamic Economics".
  • A national level seminar held at Jamia Millia Islamia, New Delhi During 2nd and 3rd October 1999.
  • Development of Study Courses. The Association has developed a few courses of study and appreciated by scholar and institutions teaching.
  • IAFIE's local chapters at Chennai, Bangalore, Bijapur, Bhatkal in South India are active on their own right and have been organizing locally such programmes.
  • Publications. Due to lack of resources, the Association has not been able to publish enough literature on the subject. However, it could manage to publish the following works:
  1. One book entitled "Principles of Islamic Economics and the State of Indian Economy" edited by F.R. Faridi.
  2. A booklet entitled "History of Economic Thoughts in Islam - a Subject wise Survey" by Dr. A.A. Islahi.
  3. Urdu Translation of Al Qardawi's treatise on 'Bank Interest'.
  4. Mr. Abdul Momin translated the work of Dr. M.N. Siddiqi, "Muslim Economic thinking" under the supervision of our Association.
  • Reference Library. The Association has been able to establish a reference library on Islamic economics which has single largest collection on the subject in India. Most of the foreign publications have been received as donation from different institutions, such as IRTI/IDB Jeddah, Centre for Research in Islamic Economics Jeddah, Institute of Planning Studies, Islamabad, etc.

Scholars from different Indian universities visit the Association's office to consult its library. The Association has also been providing guidance to researchers through correspondence.




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