Islam and Economic Policy

The Islamic Revolution in Iran, the election of the Justice and Development Party in Turkey and the coming to power of Islamists, albeit briefly, after the Arab Spring, has changed the political landscape in the Middle East and has ramifications for the entire Muslim World. Yet the continuing success of these parties depends on their record on economic development and employment creation. This book looks at the impact of Islamic teaching on public economic policy and asks how Islamic economics differs from mainstream micro and macroeconomics.