Umar Chapra

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Muhammad Umer Chapra (born 1933) is a Senior Research Advisor at the Islamic Research and Training Institute (IRTI) of the Islamic Development Bank, Jeddah who has written extensively on the issues of Islamic economics and Islamic finance. He worked as a senior economic advisor at the Saudi Arabian Monetary Agency (SAMA) for nearly 35 years. His papers and articles include:

  • Towards A Just Monetary System, Leicester, United Kingdom: The Islamic Foundation, 1985
  • "The Role of the Stock Exchange in an Islamic Economy," in Sheikh Ghazali Abod et al., An Introduction to Islamic Finance, Kuala Lumpur: Quill Publishers, 1992.
  • "Money and Banking in an Islamic Economy," in M. Ariff (ed.), Monetary and Fiscal Economics of Islam, Jeddah: King Abdul Aziz University 1982.
  • "Is it necessary to have Islamic economics?", in Journal of Socio-Economics, No. 29, 21-37.

He has also written a book called The Future of Economics: An Islamic Perspective

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