The inspiration for the present note comes primarily from a statement in the old edition of the Encyclopaedia of Islam. In its volume four on page number 595, Heffening (1934) states that to Helmut Ritter ‘the whole economic literature of Islam can be traced to economics of Neo-pythagorean...

The present discussion falls under the broad category of modern history of Islamic Economic Thought. The present classification of generations and sorting the features of their work is important to understand the development of modern Islamic Economics since its inception during the early 20th...

In the 17th Century, the importance of Turkish and Persian increased because of being languages of rulers and receiving official patronage. Thus, along with writing on socio-economic problems in Arabic language, many works of economic interest appeared in those languages. While the focus of the...

The present paper studies and evaluates Dr. Ambedkar's pioneering contribution to the origin and development of provincial finance during the British period. It also discusses his opinion regarding different stages of decentralization, and compares it with that of M.G. Ranade, one of the...

Western literature on the history of economic thought seldom pays attention to the contribution of scholars from the other regions on different economic issues, as if they have nothing to offer on the subject. The same happened when Schumpeter remarked "as regards the theory of the mechanism of...

Dadabhai Naoroji (1825-1917) was among the leading Indian nationalist leaders who aroused the feeling of economic nationalism and propagated for it. The most instrumental in this regard had been his theory of drain. The paper studies this theory and its role in awakening the desire and movement...

Issues relating to zakah on equity shares are far from being settled if one considers the available fatawa and observed practices in many Muslim countries. The most basic questions pertain to the correct method of valuation of equity shares for the purpose of estimation of zakah liability. This...

One of the most important themes to which Indian scholars have made pioneering contribution is the area of Islamic Economics. The present paper attempts to attempt to bring on the record postindependence India's contribution to Islamic economics.