Islamic Economics The State of the Art
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Abstract
This paper reviews the development of Islamic economics at various
levels. It examines the discursive accumulation of knowledge on
Islamic economic topics and explores their contents and future direction
It evaluates the achievements of research and banking institutions.
It also examines the extent to which Islamic economics has gained
acceptance in the minds of ordinary Muslims and in the practices of
Muslim states. This review is intended to provide a roadmap for the
future development of the discipline. In the spirit of constructive critical
thinking it also provides a useful critique of the many failures of the
institutions and limits of the discourse.
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