Islamist economics in Egypt : the pious road to development /
Bjørn Olav Utvik.
Boulder, Colo. : Lynne Rienner Publishers, 2006.
xi, 287 p. ; 23 cm.
1588264459 (hardcover : alk. paper), 9781588264459 (hardcover : alk. paper)
More Details
Boulder, Colo. : Lynne Rienner Publishers, 2006.
1588264459 (hardcover : alk. paper)
9781588264459 (hardcover : alk. paper)
catalogue key
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
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.

This information is provided by a service that aggregates data from review sources and other sources that are often consulted by libraries, and readers. The University does not edit this information and merely includes it as a convenience for users. It does not warrant that reviews are accurate. As with any review users should approach reviews critically and where deemed necessary should consult multiple review sources. Any concerns or questions about particular reviews should be directed to the reviewer and/or publisher.

  link to old catalogue

Report a problem