M. Umer Chapra Books

Moral enrichment is essential for economics to effectively contribute to humanity's quest for a just world order. The book explores the intersection of ethics and economic theory, arguing that integrating moral principles can enhance the discipline's relevance and application in addressing societal challenges. It emphasizes the importance of aligning economic practices with ethical considerations to foster a more equitable and sustainable future.

"[This is] a subject of such relevance and importance that one wonders why nobody else dealt with it in book form before."—Dr. Wilfried HofmannMuslim civilization has experienced a decline during the last five centuries after previously having undergone a long period of prosperity and comprehensive development. This raises a number of questions such as what factors enable Muslims to become successful during the earlier centuries of Islam and what led them to their present weak position. Is Islam responsible for this decline or are there some other factors which come into play? M. Umer Chapra provides an authoritative diagnosis and prescription to reverse this decline.M. Umer Chapra is a research advisor at the Islamic Research and Training Institute of the Islamic Development Bank, Jeddah, and author of The Future of Economics and Islam and the Economic Challenge.