Essay comparing traditional Islamic economics and ethics with the Judeo-Christian value systems of capitalism - covers attitudes to labour productivity, domestic consumption, civil rights, etc. References.

This book contextualizes the rise of a neo-Islamic Turkish bourgeoisie class with a particular reference to the relationship between Islam and Capitalism, and makes the argument for their ultimate compatibility . Additionally, the claim is made that the formation of this new socio-economic class has been detrimental to Turkey's efforts to consolidate its democracy. In order to analyze these processes, an Islamic-oriented young business group, Economic Entrepreneurship and Business Ethic Association (IGIAD), was taken as a case study. Drawing on fieldwork in examining IGIAD’S mission, vision, and activities, the book argues that such associations were born as a response to increasing tension between capitalism and Islam, with the aim of creating a ‘moral’ economy within global capitalism.

Salim Mansur's The Qur'an Problem and Islamism is about religion and politics, about Muslims and Islam, and the internal debate within the world of Islam about Islamic reform and what it entails. The author discusses the difference between Islam, as a world religion within the Abrahamic tradition of monotheism, and Islamism, as a political ideology and a theology of jihad, and how historically Islam as a religion was turned into the ideology of Islamism, or political Islam. The sacred text of Islam is the Qur'an, and the challenge of any text lies in how it is read, understood, and practiced. The "Qur'an problem" has been right from the outset of Islamic history following the demise of Muhammad, the prophet of Islam, in how to read, understand, interpret, and apply the meaning of the Qur'an in the lives of Muslims, and how this "Qur'an problem" remains the source of violence among Muslims at the present time as it has been in the past. It is the contention of the author that any reform of Islam that will assist Muslims reconcile with the modern world of science and democracy, and contribute to peace among them and with the rest of the world, must begin with a positive resolution of the "Qur'an problem."

From today's perspective, Islam and capitalism seem to be natural partners. In a world where state socialism is on the wane, Islamic states in particular seem to be run by an exploitative class that in their hyper-capitalist way of profit-making does not care at all about social justice. Modern history, however, has seen a great number of movements, political parties and individuals propagating the incompatibility of capitalism with Islam. And at a second glance, the quest for social justice and the rejection of capitalism actually appear as a driving force in different Islamic discourses, including that of the so-called Islamic State. The articles of this volume offer intriguing and original thoughts about the appropriate economic system for a Muslim society. Some of the concepts are based right away on socialism, while others call for a genuine, non-Western Islamic 'third way' between communism and capitalism. In fact, political reality has forced the secular Left to grapple with the response of Islamic movements to poverty and injustice. The volume therefore also includes useful insights into the Left's reaction to this political challenge. The articles cover a wide range of world regions, not only the Middle East and Turkey, but also the Far East and North Africa, with a time span ranging from the late 19th century to the present. In addition, the reader is also introduced to economic concepts of early Islam and their textual sources.

Jihad vs. McWorld is a groundbreaking work, an elegant and illuminating analysis of the central conflict of our times: consumerist capitalism versus religious and tribal fundamentalism. These diametrically opposed but strangely intertwined forces are tearing apart--and bringing together--the world as we know it, undermining democracy and the nation-state on which it depends. On the one hand, consumer capitalism on the global level is rapidly dissolving the social and economic barriers between nations, transforming the world's diverse populations into a blandly uniform market. On the other hand, ethnic, religious, and racial hatreds are fragmenting the political landscape into smaller and smaller tribal units. Jihad vs. McWorld is the term that distinguished writer and political scientist Benjamin R. Barber has coined to describe the powerful and paradoxical interdependence of these forces. In this important new book, he explores the alarming repercussions of this potent dialectic for democracy. A work of persuasive originality and penetrating insight, Jihad vs. McWorld holds up a sharp, clear lens to the dangerous chaos of the post-Cold War world. Critics and political leaders have already heralded Benjamin R. Barber's work for its bold vision and moral courage. Jihad vs. McWorld is an essential text for anyone who wants to understand our troubled present and the crisis threatening our future.

Immanuel Wallerstein is one of the most important and yet controversial thinkers and activists of our time, writing on a wide range of topics from global economics and international politics. To Wallerstein, capitalist world-system, which was created over the last five hundred years, and whose main ideology was liberalism, has been going through a deep structural crisis since the 1970s. He maintains that this system will be replaced by other and perhaps better systems in the mid or long run. In his works in last few decades, Wallerstein has devoted almost all of his energy and time analyzing and explaining how the capitalist system could be replaced by a better system. In that regards, he considers Islamism as one of the most important dissenting movements in the World-System, but necessarily as a powerful force to replace it. This volume contains his articles and commentaries on Islam, the Middle East and the World-System, all of which were published since the Arab Spring.

How do modern Muslims adapt their traditions to engage with today's world? Charles Tripp's erudite and incisive book considers one of the most significant challenges faced by Muslims over the last sixty years: the challenge of capitalism. By reference to the works of noted Muslim scholars, the author shows how, faced by this challenge, these intellectuals devised a range of strategies which have enabled Muslims to remain true to their faith, whilst engaging effectively with a world not of their own making. The work is framed around the development of their ideas on Islamic socialism, economics and the rationale for Islamic banking. While some Muslims have resorted to confrontation or insularity to cope with the challenges of modernity, most have aspired to innovation and ingenuity in the search for compromise and interaction with global capitalism in the twenty-first century.