DefinePK

Abstract

Islamic finance is booming in Europe and America but Islamic Economics is on its death bed in Pakistan perhaps an unintended consequence of the rapid secularization of academic life in this country. Prof. Dr. Asad Zaman, Director General International Institute of Islamic Economics at the International Islamic University, Islamabad analyzed this paradox and presented a revisionist strategy for the development of a new Islamic Economics paradigm. This paper was published in the April 2006 (Vol. II. No. 1) issue of Market Forces.