Is it possible for the scholars of the Ummah to prepare a detailed and contemporary research on sound Islamic economics from the Qur'an and Sunnah in a convincing academic style, to offer solutions for usurious transactions that caused the global financial crisis?
Numerous books and studies on Islamic economics are available, including: "Islamic Economics and Contemporary Jurisprudential Issues" by Al-Salous, "Rulings on Dealings in Contemporary Financial Markets" by Dr. Mubarak bin Suleiman, "Contemporary Transactions in Islamic Jurisprudence" by Dr. Muhammad Othman, and "Banking Transactions" by Al-Salous.
Among the studies are: "Forms and Methods of Investment in Islamic Thought" by Dr. Al-Darir, "Financial Markets in the Balance of Islamic Jurisprudence" by Dr. Al-Qaradaghi, and "Financial Markets" by Dr. Muhammad Al-Qura.
These studies are published in the Journal of the Islamic Fiqh Academy and the Journal of Islamic Banks. There are also specialized centers such as the "International Center for Research in Islamic Economics."
Summarized from the full answer at Ftawy · reviewed Sep 2, 2026
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