The Place of the Islamic Economy Among Theories of Political Economy Cover Image

Място на ислямската икономика сред теориите за политическа икономия
The Place of the Islamic Economy Among Theories of Political Economy

Author(s): Miroslav Kamdzhalov
Subject(s): Politics / Political Sciences, Economy, Political Theory, Political economy, Socio-Economic Research
Published by: Университет за национално и световно стопанство (УНСС)
Keywords: Islamic economics; Islamic Finance; political economics
Summary/Abstract: Over the last few decades, a global revival of the Islamic economy is observed. Islamic economics and finance are not unusual terminology and philosophy at present. Since the last global financial crisis (2007- 2008), a great deal of attention has been paid to this issue by a number of scientists and specialists around the world. There is a striving to identify a new economic paradigm with the pretense of finding a solution to existing economic problems. Predominantly Islamic, but not only, scientists are arguing about the ability of the Islamic economy to turn into the political and economic science of finding the necessary solutions. The purpose of this publication is to point out facts and try to compare the contemporary Islamic economics to the other political economies.