Mohammad Nejatullah Siddiqi (1931 – November 2022) was an Indian economist and the winner of the

King Faisal International Prize The King Faisal Prize (, formerly King Faisal International Prize), is an annual award sponsored by King Faisal Foundation presented to "dedicated men and women whose contributions make a positive difference". The foundation awards prizes in fiv ...

for

Islamic Studies Islamic studies is the academic study of Islam, which is analogous to related fields such as Jewish studies and Quranic studies. Islamic studies seeks to understand the past and the potential future of the Islamic world. In this multidiscipli ...

. Born in India in 1931, he was educated at

Aligarh Muslim University Aligarh Muslim University is a Collegiate university, collegiate, Central university (India), central, and Research university, research university located in Aligarh, Uttar Pradesh, India, which was originally established by Sir Syed Ahmad Kh ...

as well as Rampur and Azamgarh. He served as

associate professor Associate professor is an academic title with two principal meanings: in the North American system and that of the ''Commonwealth system''. In the ''North American system'', used in the United States and many other countries, it is a position ...

economics Economics () is a behavioral science that studies the Production (economics), production, distribution (economics), distribution, and Consumption (economics), consumption of goods and services. Economics focuses on the behaviour and interac ...

and professor of

Islamic studies Islamic studies is the academic study of Islam, which is analogous to related fields such as Jewish studies and Quranic studies. Islamic studies seeks to understand the past and the potential future of the Islamic world. In this multidiscipli ...

at the Aligarh Muslim University and as professor of economics at the

King Abdul Aziz University King Abdulaziz University (KAU) () is a public research university in Jeddah, Saudi Arabia. Established in 1967 as a private university by a group of businessmen led by Muhammad Bakhashab and including author Hamza Bogary, it was named after ...

, Jeddah, Saudi Arabia, in its Center for Research in

Islamic Economics Islamic economics () refers to the knowledge of economics or economic activities and processes in terms of Islamic principles and teachings. Islam has a set of specific moral norms and values about individual and social economic behavior. There ...

. He later became a Fellow at the Center for

Near Eastern Studies Oriental studies is the academic field that studies Near Eastern and Far Eastern societies and cultures, languages, peoples, history and archaeology. In recent years, the subject has often been turned into the newer terms of Middle Eastern studie ...

at the

University of California The University of California (UC) is a public university, public Land-grant university, land-grant research university, research university system in the U.S. state of California. Headquartered in Oakland, California, Oakland, the system is co ...

Los Angeles Los Angeles, often referred to by its initials L.A., is the List of municipalities in California, most populous city in the U.S. state of California, and the commercial, Financial District, Los Angeles, financial, and Culture of Los Angeles, ...

, and after that a

visiting scholar In academia, a visiting scholar, visiting scientist, visiting researcher, visiting fellow, visiting lecturer, or visiting professor is a scholar from an institution who visits a host university to teach, lecture, or perform research on a topic fo ...

at the Islamic Research & Training Institute,

Islamic Development Bank The Islamic Development Bank (, abbreviated as IsDB) is a multilateral development finance institution that is focused on Islamic finance for infrastructure development and located in Jeddah, Saudi Arabia. There are 57 shareholding member st ...

Jeddah Jeddah ( ), alternatively transliterated as Jedda, Jiddah or Jidda ( ; , ), is a List of governorates of Saudi Arabia, governorate and the largest city in Mecca Province, Saudi Arabia, and the country's second largest city after Riyadh, located ...

. Siddiqi was a prolific writer in

Urdu Urdu (; , , ) is an Indo-Aryan languages, Indo-Aryan language spoken chiefly in South Asia. It is the Languages of Pakistan, national language and ''lingua franca'' of Pakistan. In India, it is an Eighth Schedule to the Constitution of Indi ...

and English. According to WorldCat, he has 63 works in 177 publications in 5 languages and 1,301 library holdings. Several of his works have been translated into

Arabic Arabic (, , or , ) is a Central Semitic languages, Central Semitic language of the Afroasiatic languages, Afroasiatic language family spoken primarily in the Arab world. The International Organization for Standardization (ISO) assigns lang ...

Persian Persian may refer to: * People and things from Iran, historically called ''Persia'' in the English language ** Persians, the majority ethnic group in Iran, not to be conflated with the Iranic peoples ** Persian language, an Iranian language of the ...

Turkish Turkish may refer to: * Something related to Turkey ** Turkish language *** Turkish alphabet ** Turkish people, a Turkic ethnic group and nation *** Turkish citizen, a citizen of Turkey *** Turkish communities in the former Ottoman Empire * The w ...

Indonesian Indonesian is anything of, from, or related to Indonesia, an archipelagic country in Southeast Asia. It may refer to: * Indonesians, citizens of Indonesia ** Native Indonesians, diverse groups of local inhabitants of the archipelago ** Indonesian ...

, Malaysian, Thai, etc. Perhaps his most widely read book is ''Banking without interest'' which was published in 27 editions between 1973 and 2000 in 3 languages and is held by 220 libraries worldwide. During his long academic career, he supervised a number of Ph.D.

theses A thesis (: theses), or dissertation (abbreviated diss.), is a document submitted in support of candidature for an academic degree or professional qualification presenting the author's research and findings.International Standard ISO 7144: D ...

in the universities in India, Saudi Arabia and Nigeria. He was associated with a number of academic journals as editor or advisor. He served on numerous committees and participated in many conferences in various parts of the world. He was very helpful for all and shared his valuable knowledge in the society. He lived in

Aligarh Aligarh (; formerly known as Koil) is a city in the state of Uttar Pradesh in India. It is the administrative headquarters of Aligarh district and lies northwest of state capital Lucknow and approximately southeast of the capital, New Delhi. ...

, India. He was

Professor Emeritus ''Emeritus/Emerita'' () is an honorary title granted to someone who retirement, retires from a position of distinction, most commonly an academic faculty position, but is allowed to continue using the previous title, as in "professor emeritus". ...

in the Department of

Management Studies Management (or managing) is the administration of organizations, whether businesses, nonprofit organizations, or a government bodies through business administration, nonprofit management, or the political science sub-field of public administr ...

, India. He served as the Chief Patron of the Indian Centre for Islamic Finance (ICIF), New Delhi. Siddiqi died in California, USA in November 2022, at the age of 91.

Works

In Urdu

Siddiqi wrote at least eleven books in Urdu, Including: *''G̲h̲air sūdī bank kārī.'' (1969) *''Islāmī adab : cand naẓaryātī maqālāt'' (1960?) *Muslim Personal Law (1971), *''Taḥrīk-i Islāmī ʻaṣr-i ḥāz̤ir men̲'', (Islamic Movement in Modern Times) (1995) *''Maqasid Al Shariah''

Translation to Urdu

*''Kitab al Kharaj'' by Abu Yusuf (1966).

In English

He wrote at least ten books in English. His work in English has been published in over 100 editions. His major works on

Islamic banking Islamic banking, Islamic finance ( ''masrifiyya 'islamia''), or Sharia-compliant finance is banking or financing activity that complies with Sharia (Islamic law) and its practical application through the development of Islamic economics. Some ...

have been written in

English English usually refers to: * English language * English people English may also refer to: Culture, language and peoples * ''English'', an adjective for something of, from, or related to England * ''English'', an Amish ter ...

.WorldCat
/ref> Among them are : *''Recent Theories of Profit: A Critical Examination'' (1971); *''Economic Enterprise in Islam'' (1972); *''Muslim Economic Thinking'' (1981); *''Banking Without Interest'' (1983); *''Issues in Islamic banking : selected papers'' (1983) was widely reviewed;reviewed by E J G Joffe in ''Bulletin (British Society for Middle Eastern Studies)'' 1984, vol. 11, no. 1, pp. 90–91 *''Partnership and profit-sharing in Islamic law '' (1985) *''Insurance in an Islamic Economy'' (1985); *''Teaching Economics in Islamic Perspective'' (1996); *''Role of State in Islamic Economy'' (1996) *''Dialogue in Islamic Economics'' (2002). *''Islam's View on Property'' (1969)

Awards

for service to

(1982) *Shah Waliullah Award in

New Delhi New Delhi (; ) is the Capital city, capital of India and a part of the Delhi, National Capital Territory of Delhi (NCT). New Delhi is the seat of all three branches of the Government of India, hosting the Rashtrapati Bhavan, New Parliament ...

for contributions to Islamic Economics (2003)

References

External links

Achievements of the scholar

Personal home page of the scholar

World Database for Islamic Banking and Finance
{{DEFAULTSORT:Siddiqi, Mohammad Nejatullah 1931 births 2022 deaths 20th-century Indian economists Aligarh Muslim University alumni Academic staff of Aligarh Muslim University People from Aligarh Scholars of Islamic banking