economic systems have failed
to solve the economic
problems of mankind. The
failure. of socialism is too
o.bvious to need any
documentation. The track
record of capitalism is far
from being promising.
Although a small minority has
achieved unprecedentlY high
material standards of living, a
vast majority lives under
conditions of abject PovertY. The problems of
unemployment, inflation,
poverty amidst affluence,
unequal distribution of wealth,
frequent bouts of business
recession, environmental
pollution and ecological
imbalance still bedevil man's
present life and threaten his
future.
The present book
contends that the Islamic
economic order has the
potential of ushering in an age
of human bliss; and the
resources to build a free, just
and responsible world for
everyone on the earth.
Muhammad Akram Khan born
in 1945, obtained his M. Com.
form the University of Punjab,
Lahore (1967) and M. Sc. in
Industrial Administration from
the University of Aston,
Birmingham, UK (1970). He is
a fellow of the Canadian
Comprehensive Auditing
Foundation. He is Presently
Director General (Training) in
the Department of Auditor
General of Pakistan. He has
published extensively in j ournals
of international rePute. His
published works include Issues
in Islamic Economics; Economic
Teachings of ProPhet
Muhammad; Glossary of Islamic
Economics, a two-volume
Annorated Bibliograplry of
Islamic Economics,' and
Economics of the Qur'an:
Economic Teachings of Snrah
al-Mã'idah and SíIrah al-Nahl.