HAIDARABAD'S CONTRIBUTION TO ISLAMIC ECONOMIC THOUGHT AND PRACTICE BY MUHAMMAD HAMIDULLAH Paris It seems that like many other arts and crafts, the statecraft also enriches itself by continuous practice and hereditary traditions of generations. At least this is how I explain to myself the contribution of a comparatively small and out of the way country, like Haidara- bad to Islamic thought and practice. The reader will himself judge the value and extent of these novelties in a field of considerable importance to a country, viz. economics. It is to recall that since the Khiljite dynasty of over six hundred years ago, Haidarabad has continuously known Islamic rule. Dynasties changed and wars came, yet its independence was always preserved, until 1948. I do not propose to study the history of economic institutions of this region for the six hundred odd years of its existence, although planned economy and even a kind of socialisation of the time of the Khiljite dynasty provide, for instance, interesting reading. I shall deal only with the conditions I have myself lived, since the course of World War I (1914). Nationalization of Paper Currency The reader will forgive me an anecdote here, which will neverthe-
Die Welt des Islams – Brill
Published: Jan 1, 1955
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