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Preface

The primary aim of this book is to study the economic concepts of Ibn Taimīyah and, in doing so, to relate his concepts and theories to his times and to establish their relevance now.

Ibn Taimīyah was deeply involved in public life. His views on many social problems of his age reflect a pragmatic orientation, and in consequence his impact on succeeding generations has been profound. Adequate attention has not been paid to the contribution Muslim thinkers have made to economic thought. In the case of Ibn Taimīyah, though there are some studies of his life and works, they have failed to focus adequately on his economic concepts and theories.

This study should prove useful to economists in general and to students of the Islamic economic system in particular. It should help us understand how one of the most brilliant Islamic scholars of the past handled such issues as property right, prices, money, interest, partnership and other economic organizations, wages, taxation, state regulation of economic activities, etc., in the context of securing justice for all in the light of the relevant teachings of Islam.

This work is a revised version of a doctoral dissertation in Economics submitted at the Aligarh Muslim University in 1981. For transliteration of Arabic terms into the Roman script I have followed the Library of Congress system, except in the case of a few words already established in English. All dates, unless otherwise indicated, are given in the Gregorian calendar.