Join us for a Live Workshop on

3rd Generation Islamic Economics

Dr. Asad Zaman
By Dr. Asad Zaman

Alumni of MIT and Stanford University

About the Workshop

The historical transformation of once-ignorant Bedouin communities into global leaders through the teachings of Islam serves as a testament to the enduring power of these principles. This course asserts that these teachings retain their potency in the contemporary world. Our objective is to overhaul the conventional approach to teaching Islamic Economics, introducing what we term the "Third-generation Islamic Economics.

This term signifies a fresh perspective that bridges traditional Islamic economic wisdom with current challenges and opportunities. We aim to bring about a substantial impact in the lives of our students by providing them with a more profound understanding of these teachings and their applicability in the modern context. Our mission is to equip students with the knowledge and skills needed to navigate today's economic complexities, all while upholding ethical values.

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Your Instructor

Dr. Asad Zaman
By Dr. Asad Zaman

Alumni of MIT and Stanford University

Dr. Asad Zaman is a distinguished economist and academic leader, currently serving as the Vice Chancellor of the Pakistan Institute of Development Economics. With a remarkable educational journey that includes a Ph.D. in Economics from Stanford University and a rich teaching and research background, Dr. Zaman has earned recognition for his contributions to the field. His career spans esteemed institutions like the University of Pennsylvania, Columbia University, Johns Hopkins, Bilkent University, and Lahore University of Management Sciences. Dr. Zaman's extensive experience and expertise position him as a credible authority on Islamic Economics. His dedication to promoting an Islamic approach to economics and his significant impact on research and education in this field reflect his commitment to enhancing understanding and practice in Islamic Economics.


Some key takeaways from this workshop!

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Ontological Clash

Understanding the conflict between European and Islamic worldviews on what exists and how we know it.

Distinctive Institutions

Learning about unique Islamic societal structures and exploring ways to implement them in the modern world.

Capitalism's Origin

Discovering how modern Western social sciences emerged to build a society without religious influence, leading to various crises.

Teaching Challenges

Addressing the difficulties faced by educators in adopting 3rd Generation Islamic Economics, including resources and teaching methods.

Holistic Social Science

Emphasizing the need for a comprehensive Islamic social science that covers politics, economics, society, and the environment.


Opportunity for attendees to earn certificates of attendance and for teachers to gain competence certificates through exams and discussions.

Values Clash

Recognizing the contrast between Islamic values like cooperation and social responsibility and capitalist values such as greed and individualism.

Shifting Paradigms

Encouraging a significant shift from the prevailing 2nd Generation Islamic Economics, which adapts modern economic principles, toward a more authentic Islamic economic approach rooted in Islamic values.

Workshop Details

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Sun, Sep 17, 2023

Sun, Sep 24, 2023

Sun, Oct 1, 2023

Sun, Oct 29, 2023

Sun, Nov 5, 2023

Sun, Nov 12, 2023


What is Knowledge? The Central Battle: Ontology and Epistemology

Historical Origins of Capitalism


Theoretical Foundations for Islamic Economics

Institutional Structures of an Islamic Society

How to teach 3rd Generation Islamic Economics?

All lectures will be held online via ZOOM, and links will be shared soon. All lectures will be conducted at 5 PM (Pakistan Time), 3 PM (Turkey Time) , and 7 PM (Jakarta Time)