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

King Faisal International Prize The King Faisal Prize ( ar, جائزة الملك فيصل, 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". T ...

for

Islamic Studies Islamic studies refers to the academic study of Islam, and generally to academic multidisciplinary "studies" programs—programs similar to others that focus on the history, texts and theologies of other religious traditions, such as Easter ...

. Born in India in 1931, he was educated at

Aligarh Muslim University Aligarh Muslim University (abbreviated as AMU) is a Public University, public Central University (India), central university in Aligarh, Uttar Pradesh, India, which was originally established by Sir Syed Ahmad Khan as the Muhammadan Anglo-Orie ...

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''. Overview In the '' North American system'', used in the United States and many other countries, it is ...

economics Economics () is the social science that studies the production, distribution, and consumption of goods and services. Economics focuses on the behaviour and interactions of economic agents and how economies work. Microeconomics analy ...

and professor of

Islamic studies Islamic studies refers to the academic study of Islam, and generally to academic multidisciplinary "studies" programs—programs similar to others that focus on the history, texts and theologies of other religious traditions, such as Easter ...

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

King Abdul Aziz University King Abdulaziz University (KAU) ( ar, جامعة الملك عبد العزيز) is a public university in Jeddah, Saudi Arabia. With over 117,096 students in 2022, it is the largest university in the country. Located in south Jeddah, the uni ...

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

Islamic Economics Islamic economics ( ar, الاقتصاد الإسلامي) refers to the knowledge of economics or economic activities and processes in terms of Islamic principles and teachings. Islam has a set of special moral norms and values about individua ...

. 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 studi ...

at the

University of California The University of California (UC) is a public land-grant research university system in the U.S. state of California. The system is composed of the campuses at Berkeley, Davis, Irvine, Los Angeles, Merced, Riverside, San Diego, San Fran ...

Los Angeles Los Angeles ( ; es, Los Ángeles, link=no , ), often referred to by its initials L.A., is the largest city in the state of California and the second most populous city in the United States after New York City, as well as one of the wor ...

, and after that a

visiting scholar In academia, a visiting scholar, 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 for which the visitor ...

at the

Islamic Research & Training Institute Islam (; ar, ۘالِإسلَام, , ) is an Abrahamic monotheistic religion centred primarily around the Quran, a religious text considered by Muslims to be the direct word of God (or ''Allah'') as it was revealed to Muhammad, the main ...

Islamic Development Bank The Islamic Development Bank ( ar, البنك الإسلامي للتنمية, abbreviated as IsDB) is a multilateral development finance institution that is focused on Islamic finance for infrastructure development and located in Jeddah, Saud ...

, Jeddah. Siddiqi was a prolific writer in

Urdu Urdu (;"Urdu"
''

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 Semitic language spoken primarily across the Arab world.Semitic languages: an international handbook / edited by Stefan Weninger; in collaboration with Geoffrey Khan, Michael P. Streck, Janet C. E.Watson; Walte ...

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: *a Turkic language spoken by the Turks * of or about Turkey ** Turkish language *** Turkish alphabet ** Turkish people, a Turkic ethnic group and nation *** Turkish citizen, a citizen of Turkey *** Turkish communities ...

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 ** Indonesia ...

Malaysian Malaysian may refer to: * Something from or related to Malaysia, a country in Southeast Asia * Malaysian Malay, a dialect of Malay language spoken mainly in Malaysia * Malaysian people, people who are identified with the country of Malaysia regar ...

Thai Thai or THAI may refer to: * Of or from Thailand, a country in Southeast Asia ** Thai people, the dominant ethnic group of Thailand ** Thai language, a Tai-Kadai language spoken mainly in and around Thailand *** Thai script *** Thai (Unicode bloc ...

, 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 ...

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 Allygarh, and Kol) 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 capit ...

, India. He was

Professor Emeritus ''Emeritus'' (; female: ''emerita'') is an adjective used to designate a retired chair, professor, pastor, bishop, pope, director, president, prime minister, rabbi, emperor, or other person who has been "permitted to retain as an honorary title ...

in the

Department Department may refer to: * Departmentalization, division of a larger organization into parts with specific responsibility Government and military *Department (administrative division), a geographical and administrative division within a country, ...

Management Studies Management (or managing) is the administration of an organization, whether it is a business, a nonprofit organization, or a government body. It is the art and science of managing resources of the business. Management includes the activities ...

, 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 ( ar, مصرفية إسلامية), or Sharia-compliant finance is banking or financing activity that complies with Sharia (Islamic law) and its practical application through the development of Islamic econom ...

have been written in

English English usually refers to: * English language * English people English may also refer to: Peoples, culture, and language * ''English'', an adjective for something of, from, or related to England ** English national id ...

.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, p. 90-91 (sourc
JSTOR
*''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 (, , ''Naī Dillī'') is the Capital city, capital of India and a part of the NCT Delhi, National Capital Territory of Delhi (NCT). New Delhi is the seat of all three branches of the government of India, hosting the Rashtrapati B ...

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 Aligarh Muslim University faculty People from Aligarh Scholars of Islamic banking