Prophecy, Piety, and Profits

A Conceptual and Comparative History of Islamic Economic Thought

  • Ayman Reda

Table of contents

  1. Front Matter
    Pages i-xiii
  2. Abundance and Scarcity

  3. Wealth and Poverty

  4. Charity and Usury

    1. Front Matter
      Pages 187-187
    2. Ayman Reda
      Pages 189-190
    3. Ayman Reda
      Pages 191-209
    4. Ayman Reda
      Pages 211-234
    5. Ayman Reda
      Pages 235-256
  5. Self-Interest and Rationality

    1. Front Matter
      Pages 257-257
    2. Ayman Reda
      Pages 263-289
    3. Ayman Reda
      Pages 303-335
  6. Utopias and Markets

    1. Front Matter
      Pages 337-337
    2. Ayman Reda
      Pages 339-341
    3. Ayman Reda
      Pages 343-354
    4. Ayman Reda
      Pages 361-384
  7. Back Matter
    Pages 385-402

About this book


This book examines, in greater depth than the existing literature, the history of Islamic economic thought. It seeks to introduce Islamic views to debates surrounding critical economic concepts, such as scarcity, wealth, poverty, charity, usury, self-interest, rationality, and markets. It does so through a comparative analysis with the views of Judaic, Christian, and secular economic thought. “Prophecy” is meant to signify the theoretical dimension of religion, while “piety” represents its practical element; neither part is feasible without the other. Together, prophecy and piety inform the Islamic view of economic concepts and phenomena. This view seeks to adjust our approach to profits, both in this world and the next, and seeks to reexamine what is truly profitable and worthy of sacrifice.


banking economics finance history history of religion international economics Islam Poverty regions religion

Authors and affiliations

  • Ayman Reda
    • 1
  1. 1.EconomicsThe University of Michigan - DearbornDearborn, MIUSA

Bibliographic information