Episode 017 - Ali Salman, Part 4 - On current Islamic economics

Published: June 2, 2019, 5 a.m.

This is the fourth episode of a four-part discussion that relates to Ali Salman’s book, "Islam & Economics: A Primer on Markets, Morals and Justice". In this part, we discuss about Ali's thoughts on the current standings of Islamic economics. Ali Salman is an economist by training, and CEO of Islam and Liberty Network. He is the founder of Policy Research Institute of Market Economy (PRIME) in Pakistan. He is currently based in Malaysia, where he heads a leading think tank, Institute for Democracy and Economic Affairs (IDEAS). How did Islamic economics emerge? What are the differences between classical and modern economic thoughts in Islamic perspective? What drive these differences? Is Islamic economics plan-based or market based? Do they matter? Danger of creating more inequality with capitalist based ideas. Economic Man and Islamic Man Thoughts on current Islamic economics What Islamic economics are doing right Islamic economics on top of conventional economics Islamic economics as a new definition Restructuring the idea of an Islamic state Size of the government by Islamic economic framework Is Islamic economics here to stay? Closing remarks