About Capital & Islam

A field of inquiry, still taking shape.

Capital & Islam is an interdisciplinary research initiative examining how capital, finance and economic life are organised, interpreted and contested in relation to Islam across different historical, institutional and geographical settings.

Why Capital & Islam?

Questions that cross disciplinary boundaries.

Research concerned with Islam and economic life is distributed across fields that do not always speak to one another. Islamic finance often concentrates on institutions and contracts; Islamic economics asks about economic order and moral purpose. Political economy examines accumulation, power, development and financialisation.

History investigates commerce, money, property and institutions. Anthropology and sociology examine lived economic practices. Law and Islamic studies engage with norms, jurisprudence, concepts and institutional traditions. Capital & Islam is being developed as a shared space for examining these questions relationally.

Guiding questions

Where does capital go, and what does its movement produce?

Who can own, direct and claim a return on wealth? How do law, labour, institutions and moral commitments shape economic life? Who benefits, who carries risk, and what difference should Islam make?

Islamic banking is one important domain within this wider inquiry. Money and debt, property, trade, development, waqf, zakāt, ecology and Muslim economic life extend the horizon beyond the current body of banking research.

Intellectual approach

A space for arguments, including disagreement.

Capital & Islam connects conceptual, historical, institutional and empirical inquiry. Descriptive evidence, statistical association, causal explanation, theoretical interpretation and normative argument require different kinds of justification.

Current research draws on Islamic Moral Economy and critical political economy. These are identifiable approaches within the field, open to defence, critique, revision and historical examination. An author’s argument does not constitute an institutional doctrine.

How the site works

One field. Multiple ways in.

Concepts clarify and contest vocabulary. Essays develop attributed arguments. The Atlas opens comparative patterns to exploration. Research documents methods, data, sources and limitations so that claims can be examined.

The foundational study and its scholarly provenance remain discoverable through Research. New inquiries can connect through the same structure without adopting its conclusions.

Founder

Muhammad Uzair Zulkifly

Capital & Islam was founded and is currently developed by Muhammad Uzair Zulkifly. His work examines capital, Islamic finance, financialisation and development.