Curriculum Design of Master Program on Islamic Economics

The idea of Islamic economics emerged from numbers of international conference, seminar and workshop and turned into study program only within four decades. The First International Conference on Islamic Economics was held in Jeddah, in 1976. In 1978 the third Conference entitled The Monetary and Fiscal Economics of Islam was held in Mecca, and in Islamabad in 1981. More specific step for the development of economic discourses was marked by the International Conference on Islamic banking and Strategy for Economic Collaboration which was held in West Germany in 1982 and a year later, in Islamabad. After series of conferences and seminars, the idea of Islamic economics was developed from theory into practice, yet the development of Islamic economic practices preceded theories. The Muslims established financial institution in various Muslim and non-Muslim countries such as free interest of Islamic bank, Islamic insurance, and the likes before they develop theories. This book tries to elaborate the development of such theories within the curriculum design of Islamic economics in Indonesian, Malaysian, Pakistan and Turkish universities.