Catalogue


Islamist economics in Egypt : the pious road to development /
Bjørn Olav Utvik.
imprint
Boulder, Colo. : Lynne Rienner Publishers, 2006.
description
xi, 287 p. ; 23 cm.
ISBN
1588264459 (hardcover : alk. paper), 9781588264459 (hardcover : alk. paper)
format(s)
Book
Holdings
More Details
imprint
Boulder, Colo. : Lynne Rienner Publishers, 2006.
isbn
1588264459 (hardcover : alk. paper)
9781588264459 (hardcover : alk. paper)
catalogue key
6121504
 
Includes bibliographical references (p. 256-282) and index.
A Look Inside
Full Text Reviews
Appeared in Choice on 2006-12-01:
The consensus among scholars is that Islamic banking and finance began in Egypt, but this country is hardly a major adherent to these financial practices and has not really followed a "pious" road to development, as the title may imply. However, Utvik (Univ. of Oslo) rightly points to forces that tried to push the country toward that goal. This volume is an outgrowth of his doctoral thesis, which covered the period 1984-90. However, substantial research in the field was done in the 1990s, and the lens through which this topic is now viewed has changed somewhat. Growth in Islamic banking and finance has correlated with the transfer of wealth to the rich oil-producing countries and a desire by Western financial institutions to find financial instruments that are sharia compliant. The book does not go much beyond the original period of study and covers familiar issues concerning prohibition of interest and the profit and loss sharing system. For example, an examination of the new Islamic bond, or Sukuk, would have added weight to the author's thesis, in addition to empirical evidence (no tables are provided), by assessing any impact on economic development. The narrow focus and treatment of this work will limit readership. ^BSumming Up: Recommended. Graduate and research collections. M. Akacem Metropolitan State College of Denver
Reviews
This item was reviewed in:
Reference & Research Book News, August 2006
Choice, December 2006
To find out how to look for other reviews, please see our guides to finding book reviews in the Sciences or Social Sciences and Humanities.
Table of Contents
Introduction : "Islam is the solution", but what about the economy?p. 1
The pious road to modernity : understanding Islamismp. 8
A country stuck in limbo : the economic and political environment and the growth of Islamismp. 41
God's stewards on Earth : constructing an Islamist economic ideologyp. 78
Independence, strength, and justice : Islamists on Egypt's economic problemsp. 126
The "Islamicness" of the solutionp. 191
Conclusion : a modernising moral nationalismp. 233
Table of Contents provided by Blackwell. All Rights Reserved.

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