BOOK IN BRIEF:
                                                                        Sayyid Abul A'la Mawdudi's
                                                                      FIRST PRINCIPLES OF 
                                                                      ISLAMIC
                                                                      ECONOMICS
                                                                                                !!"# Centre for Islamic Economics,
                                                                                        Centre for Islamic Economics      International Islamic University Malaysia
                                                                                                                          Centre of Excellence,
                                                                                                                          Maybank Islamic Berhad
                                    
             CONTRIBUTIONS TO CONTEMPORARY 
          ISLAMIC ECONOMICS - MOVING FORWARD  
                                    
                          BOOK IN BRIEF: 
                   Sayyid Abul A’la Mawdudi’s 
          ‘FIRST PRINCIPLES OF ISLAMIC ECONOMICS’  
                                    
                   Centre for Islamic Economics (CIE) 
                International Islamic University Malaysia.  
                                    
                      Centre of Excellence (COE)  
                       Maybank Islamic Berhad  
                                
                                
                                                
        
       CONTENTS 
       CONTRIBUTORS 
       Preface .......................................................................................................................... iv 
        
       PART I: INTRODUCTION 
       Background of Sayyid Abul A’la Mawdudi .................................................................... 2 
       Overview of ‘First Principles of Islamic Economics’ ...................................................... 8 
        
       PART II: BOOK IN BRIEF 
       Introduction 
       Chapter 1: Mankind’s Economic Problems and Their Islamic Solutions ....................... 12 
       Chapter 2: Economic Teachings of the Qur’an ............................................................. 16 
       Chapter 3: The Differences between Islam and Capitalism .......................................... 21 
       Chapter 4: The Economic Philosophy of Islam .............................................................. 24 
       Chapter 5: The Principles and Objectives of Islam’s Economic System ........................ 26 
       Chapter 6: Some Basic Principles of Economic Life ...................................................... 30 
       Chapter 7: The Question of Land Ownership ............................................................... 33 
       Chapter 8: The Question of Interest ............................................................................. 38 
       Chapter 9: Zakah in Theory and Practice ...................................................................... 51 
       Chapter 10: Islam and Social Justice ............................................................................. 61 
       Chapter 11: Issues of Labour, Insurance and Price Control .......................................... 65 
       Chapter 12: Recodification of the Economic Laws of Islam .......................................... 70 
                            
                            
                            
                            
                            
                            
                            
                            
                            
                            
                            
                            
                            
                            
                           ii 
        
                            
                         Contributors 
                            
                     ■ Mohd Nizam Barom (PhD) 
         Assistant Professor, Department of Economics and Former Director, Centre for Islamic 
       Economics, Kulliyyah of Economics and Management Sciences, International Islamic University 
                         Malaysia. 
                            
                    ■ Mohamed Aslam Haneef (PhD)  
        Professor, Department of Economics and Founding Director, Centre for Islamic Economics, 
       Kulliyyah of Economics and Management Sciences, International Islamic University Malaysia. 
                            
                    ■ Mustafa Omar Mohammed (PhD)  
        Associate Professor, Department of Economics and Director, Centre for Islamic Economics, 
       Kulliyyah of Economics and Management Sciences, International Islamic University Malaysia. 
                            
                    ■ Mohd Mahyudi Mohd Yusop (PhD)  
         Associate Professor, Department of Economics and Research Fellow, Centre for Islamic 
       Economics, Kulliyyah of Economics and Management Sciences, International Islamic University 
                         Malaysia. 
                            
                    ■ Muhammad Irwan Ariffin (PhD)  
         Assistant Professor, Department of Economics and Research Fellow, Centre for Islamic 
       Economics, Kulliyyah of Economics and Management Sciences, International Islamic University 
                         Malaysia. 
                            
                       ■ Riasat Amin (PhD)  
         Assistant Professor, Department of Economics and Research Fellow, Centre for Islamic 
       Economics, Kulliyyah of Economics and Management Sciences, International Islamic University 
                         Malaysia. 
                            
        
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