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- THE ECONOMIC RELEVANCE OF THE SHARIAH MAXIMS
THE ECONOMIC RELEVANCE OF THE SHARIAH MAXIMS

IKAM is pleased to announce the publication of the translation for Hassanuzzaman's book entitled "The economic relevance of the Shariah Maxims". Dr. Hasanuzzaman, in consultation with some noted jurists, has put together systematically some important maxims as the first ever compilation in English. So much destruction has occurred to Islamic thought and practice in the last century or two due to subjugation by the imperialist powers that a book like this was absolutely necessary for Muslims to return effectively to their civilisation and move steadily forward, as even civilisation must, instead of meandering in wilderness. Thus they do not only need to do much more of this type of joint effort to be able to hasten their pace, but also be able to reach at some threshold to practical completeness;for example, an extended body of commercial laws, which the accountants and economists also understand, use and contribute to with the jurist. Indeed, in the “Foreword” it is said that this book is “only a beginning … and invite further deliberation and discussion” (p. vii) on this subject. It is hoped that many would take this opportunity with vigor and dedication for reaching some practical finality. The author has classified his compilation and discussion under 10 headings (p. ix): Claim and Practice, Doubt and Certainty, Eliminating Detriment, The Rules of Relaxation, Give and Take, The Rules about Benefit vs. Liability, Public Welfare vis- à-vis the Discretion of Government, The Role of Custom and Usage, Penalty for Evasion, and Limitations. Not only each classification contains a useful subject of its own but also it is placed well in a sequence. In the same manner, each classification is discussed further in depth by sub-classifications.