Izzud-Din Pal is to be commended for making a series of rich and important issues and writings (many in Urdu) accessible to a wide audience. His book should be on the shelf of anyone wishing a clear, concise contrast of Islamic economics with that of the Neo-Classicals. In addition, as an informative and critical assessment of the endeavors made to Islamize the system, the book will be a welcome addition to the body of literature available on the economy of Pakistan (International Journal of Middle East Studies)
Excellent study ... Although he [Pal] is clearly sympathetic to the modernists, he still does a masterly, objective job of drawing out their differences with the traditionalists ... both controversial and insightful (International Journal of Middle East Studies)
This book critically examines the Islamic economic system as defined by the traditional Ulama. The author makes a modernist case for the 'Islamization of Economy' project-he systematically discusses spefific areas of economic transactions and historically reviews the basic issues in the light of the various Islamist solutions offered.
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