Get to know M. Umer Chapra, Modern Islamic Economist


Get to know M. Umer Chapra, Modern Islamic Economist
Get to know M. Umer Chapra, Modern Islamic Economist (Arabnews)

Tangerangtalk -- Before learning about modern Islamic economics, of course, we must know and read the works of the father of Modern Islamic economics, namely Umer Chapra. Many of Umer Chapra's ideas and ideas about Islamic economics are still the foundation of Islamic economics and are still relevant today.

Quoting Wikipedia, M. Umer Chapra is a contemporary Muslim economist who is admired in Muslim countries to the western world. His works and ideas played a very important role in the development of Islamic economics.

So that Umer Chapra received an award given directly by the President of Pakistan, in the form of a gold medal from the IOP (Islamic Overseas of Pakistanis) for his services to Islam and Islamic Economics, at the IOP's first conference in Islamabad and for this service he received an award from the Islamic Development Bank and from the Islamic Development Bank. King Faisal International Award.

M. Umer Chapra is an economist born in Pakistan, on February 1, 1933. He continued his undergraduate and master's education in Karachi, Pakistan. Then earned his Ph.D in economics in 1961 with cum laude predicate at the University of Minnesota, Minneapolis, United States.

Then he returned to his home country and joined the Central Institute of Islamic Research in the same year. During his 2 years in the institution, Chapra was active in conducting systematic research on the ideas and principles of the Islamic tradition to create a healthy economic system. The results of the study were written and recorded under the title The Economic System of Islam: A Discussion of Its Goals and Nature, (London, 1970).

In addition, he also serves as a senior economist and Associate Editor of the Pakistan Development Review at the Pakistan Institute of Economic Development.

In 1964, Chapra returned to America and taught at several prestigious high schools. Among them are Harvard Law School, Universities of Wisconsin, United States, Autonoma University, Madrid, Loughborough University, U.K, Oxford Center for Islamic Studies, London School of Economics, University of Malaga, Spain, and several universities in various other countries. Then he joined the Saudi Arabian Monetary Agency (SAMA), Riyadh, and served as an economic adviser until his retirement in 1999.

In addition, he also serves as a research advisor at the Islamic Research and Training Institute (IRTI) at the Islamic Development Bank (IDB), Jeddah. He also acts as a technical commissioner on the Islamic Financial Services Board (IFSB) and sets draft Islamic finance industry standards (2002-2005).

*Sayuti, Se.Sy (Bachelor of Sharia Economics)


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