Fundamentals of Islamic Economics and Finance

About the Book: Authored by Hafiz Muhammad Yasin and Atiq-uz-Zafar Khan, Fundamentals of Islamic Economics and Finance was originally published by Islamic Research and Training Institute (IRTI) – a member of the Islamic Development Bank Group – in Jeddah, Kingdom of Saudi Arabia in 2016, and the low-priced edition of this pioneering work has now been published by IPS Press – the publishing arm of Institute of Policy Studies, Islamabad – under a reprint arrangement exclusively for sale in South Asia and South East Asia territory. Islamic Economics as a distinct discipline emerged in the last quarter of the 20th century and the subject is now offered in many universities as part of the curriculum of economics at the undergraduate and graduate level. Although a few texts on introduction to Islamic Economics and finance are available in the market, this book is the first of its kind and nature. Due to the rigorous research in this area over the past 50 years, a vast body of literature is available by now in different areas of theory and policy. However, this voluminous literature is scattered in hundreds of pages in thousands of different journals, books and manuscripts. There exist a significant number of institutions by now that cater to the cause of Islamic Economics and Finance, Islamic research and training Institute (IRTI) is no doubt playing a pioneering role in this respect. These institutions organize and conduct conferences, seminars, symposia and workshops in different