In early 2010, I started Islamic Economics Project. IEP has following major objectives:
At the theoretic and philosophical level, the project endeavors to explore and explain the teachings of Islam and the Islamic worldview and its impact on values, preferences and behavior of an individual and the effect of these on the socioeconomic relations.
At the applied level, the project aims to suggest institutions, modified and new, which are consistent with Islamic principles and teachings and that can cure the most chronic and persistent problems of poverty, unemployment, inequality and multidimensional underdevelopment at the broader level and also enable the fulfillment of contemporary needs of modern societies and economies.
At the analytical level, the project strives to critically, objectively and (to the extent possible) empirically appraise the institutions – both contemporary and theoretical – which aim or promise to cure the above ills and fulfill contemporary needs of modern societies and economies.
I welcome readers to provide feedback and comments and I will be happy to read them.
Salman Ahmed Shaikh
Project Director, Islamic Economics Project