Islamic Finance · 37 min
The Architecture Akhtar Is Asking For: A Response on Money, Riba and Maqasid
Irshad Akhtar asks whether Islamic finance should now examine the monetary architecture its instruments operate within. The answer is yes, and the second phase he proposes need not begin as a blank page: the Qur'an and the classical scholars already gave a theory of money precise enough to design against.
M Azim Abdul Majeed · 2026-10-20