Iqtisaduna (Our Economics)

Iqtisaduna (Our Economics) is a comprehensive work on Islamic economics written by Muhammad Baqir al-Sadr in the 1960s. The book presents a critique of both capitalism and socialism while outlining an alternative economic framework based on Islamic principles. The text is structured in three main parts addressing capitalist economics, Marxist economics, and Islamic economics respectively. Al-Sadr examines core economic concepts including ownership, production, distribution, and the role of the state through detailed analysis of primary sources and economic theory. Through systematic argumentation, the author develops an Islamic economic model that emphasizes social justice while preserving private property rights. The work engages with modern economic thought while drawing from Islamic jurisprudence and religious texts. The book represents a significant contribution to economic philosophy by proposing a "third way" between the dominant economic systems of the 20th century. Its exploration of morality in economic life and critique of materialist approaches continue to influence discussions of alternative economic frameworks.

Most readers emphasize the book's detailed critique of Marxist economics and capitalism from an Islamic perspective. Several note its thorough examination of property rights, wealth distribution, and banking in Islamic economic frameworks. Readers appreciate: - Clear explanations of complex economic concepts - Integration of religious principles with economic theory - Original insights into alternative economic systems Common criticisms: - Dense academic writing style makes it challenging for general readers - Some sections can be repetitive - Limited English translations affect accessibility Ratings: Goodreads: 4.5/5 (based on 98 ratings) Amazon: Not enough reviews for rating One reader on Goodreads notes: "Al-Sadr systematically builds his case through careful reasoning and evidence." Another comments: "The economic analysis is strong but the writing could be more concise." The book has low review counts on major platforms since it remains primarily read in academic settings and in its original Arabic version.

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🔹 Muhammad Baqir al-Sadr wrote Iqtisaduna while in his twenties, demonstrating remarkable intellectual prowess at a young age. The comprehensive work spans over 700 pages analyzing both capitalist and socialist economic systems. 🔹 The book represents one of the first systematic attempts to create an Islamic economic framework that wasn't simply a critique of other systems but offered a distinct "third way" approach to economics. 🔹 Al-Sadr faced persecution for his writings and was ultimately executed in 1980 by Saddam Hussein's regime, making Iqtisaduna his lasting intellectual legacy in economic thought. 🔹 The book's three-part structure uniquely combines philosophical analysis, critique of existing economic systems, and detailed proposals for an Islamic economic framework - a format that influenced later works in Islamic economics. 🔹 Iqtisaduna continues to be a foundational text in Islamic banking and finance programs worldwide, particularly in Iran where its principles helped shape the country's post-revolution banking system.