COMMENT | Follies of Islamic economics

COMMENT | Islamic economics imposes a heavy and unneeded burden on the ummah.

Like its much earlier version during pre-partition India, Islamic economics is more a rallying cry for cohesion, self-respect and differentiation.

More to insulate the ummah from foreign influence and less on improving their lives. Perversely, by ignoring time-tested modern economic insights, Muslims remain marginalised today, just as they were during colonial India...