World Library  
Flag as Inappropriate
Email this Article

Umer Chapra

Article Id: WHEBN0001281620
Reproduction Date:

Title: Umer Chapra  
Author: World Heritage Encyclopedia
Language: English
Subject: Pakistani emigrants to Saudi Arabia, Pakistani scholars, Islamic studies scholars, Muhajir people, 1933 births
Publisher: World Heritage Encyclopedia

Umer Chapra

Dr Muhammad Umer Chapra (born in mumbai, 1933) is a Saudi Arabian economist.[1] As of 2015 he serves as Advisor at the Islamic Research and Training Institute (IRTI) of the Islamic Development Bank (IDB), Jeddah, Saudi Arabia. Prior to this position, he worked at the Saudi Arabian Monetary Agency (SAMA), Riyadh, for nearly 35 years, as Economic Advisor and then Senior Economic Advisor. He has taught as Assistant and Associate Professor of Economics at the University of Wisconsin (Platteville), the University of Kentucky (Lexington), as Senior Economist and Associate Editor of the Pakistan Development Review at the Pakistan Institute of Development Economics, and as Reader (Associate Professor) at the Central Institute of Islamic Research (Pakistan).

He has lectured widely at a number of universities and professional institutes in different countries around the world, including the Harvard Law School, Loughborough University, UK, the Oxford Centre for Islamic Studies, the London School of Economics, Universidad Autonoma de Madrid, the University of Malaga, Spain, and Kyoto University, Japan. He is on the editorial board of a number of professional journals and has acted as referee for a number of others, including the Economic Journal of the Royal Economic Society, UK, the Journal of Socio-Economics and the Thunderbird International Business Review.


  • Awards 1
  • Bibliography 2
  • References 3
  • External links 4


Chapra has received a number of awards for his academic contributions, including:

1. The Islamic Development Bank Award for Islamic Economics (1989).

2. The prestigious King Faisal International Prize for Islamic Studies (1989).[1]

3. The IOP (Institute of Overseas Pakistanis) gold medal by the President of Pakistan for services to Islam and Islamic Economics at the First IOP Convention in Islamabad (1995).

4. The COMCEC 30th Anniversary Academic Award by the President of Turkey "for his outstanding academic studies in Islamic Economics and Finance" in Istanbul (2014).


Chapra has written extensively on the issues of Islamic economics and finance. As well as various published articles, he has written 11 books, of which the following have been the most notable:

  • Towards a Just Monetary System (1985) ISBN 0860371476
  • Islam and the Economic Challenge (1992) ISBN 0860372170
  • The Future of Economics: An Islamic Perspective (2000) ISBN 0860373452
  • The Islamic Vision of Development in the Light of Maqasid Al-Shari'ah (2008) ISBN 1565644417
  • Muslim Civilization: The Causes of Decline and the Need for Reform (2008) ISBN 0860374610
  • Morality and Justice in Islamic Economics and Finance (2014) ISBN 1783475714


  1. ^ a b "Dr. Muhammad Umer Chapra".  

External links

  • Umer M. Chapra personal website at the Wayback Machine (archived January 26, 2013)
  • Chapra, U. M. "Islamic Economics: What It Is and How It Developed", EH.Net Encyclopedia, edited by Robert Whaples. Economic History Association, March 16, 2008.

This article was sourced from Creative Commons Attribution-ShareAlike License; additional terms may apply. World Heritage Encyclopedia content is assembled from numerous content providers, Open Access Publishing, and in compliance with The Fair Access to Science and Technology Research Act (FASTR), Wikimedia Foundation, Inc., Public Library of Science, The Encyclopedia of Life, Open Book Publishers (OBP), PubMed, U.S. National Library of Medicine, National Center for Biotechnology Information, U.S. National Library of Medicine, National Institutes of Health (NIH), U.S. Department of Health & Human Services, and, which sources content from all federal, state, local, tribal, and territorial government publication portals (.gov, .mil, .edu). Funding for and content contributors is made possible from the U.S. Congress, E-Government Act of 2002.
Crowd sourced content that is contributed to World Heritage Encyclopedia is peer reviewed and edited by our editorial staff to ensure quality scholarly research articles.
By using this site, you agree to the Terms of Use and Privacy Policy. World Heritage Encyclopedia™ is a registered trademark of the World Public Library Association, a non-profit organization.

Copyright © World Library Foundation. All rights reserved. eBooks from World eBook Library are sponsored by the World Library Foundation,
a 501c(4) Member's Support Non-Profit Organization, and is NOT affiliated with any governmental agency or department.