Ahmad, Khurshid
Overview
Ahmad, Khurshid (b. 1932) is a Pakistani Islamic scholar, activist, and economist recognized for his efforts to develop an Islamic economic system rooted in Quranic principles, serving as an alternative to capitalism and socialism. His work is characterized by an emphasis on social responsibility, cooperation, and mutual obligations over competition, as well as promoting human resource development as a key economic policy objective. While critical of Western economic models, Ahmad acknowledges the importance of integrating science and technology into the Islamic framework.
Etymology and Translation
- Arabic: خورشيد أحمد
- Turkish: Hurşid Ahmet
Academic and Ideological Influence
A lifelong follower of Mawlana Abul Ala Mawdudi, Ahmad translated many of Mawdudi’s major works into English, contributing significantly to the international dissemination of Mawdudi’s ideas. He advocates for an Islamic approach to economic and social governance that includes aspects like zakat (almsgiving) and an interest-free banking system, aimed at reducing socio-economic disparities.
Professional Roles and Political Career
- Teaching and Activism: Founding chairman of the Islamic Foundation in Leicester, UK, and the Institute of Policy Studies in Islamabad, Pakistan.
- Political Involvement: Served as Minister of Planning in the military regime of General Zia-ul-Haq and was a member of Pakistan’s Senate.
- Jamaat-i Islami: Holds the position of vice president of Jamaat-i Islami Pakistan, an Islamist political and socio-religious organization.
Major Contributions
- Islamic Economics: Developed a framework based on Quranic values and principles, proposing an economic policy prioritizing human resource development and social welfare.
- Critique of the West: While critical of Western economic and social models, he integrates useful aspects of Western science and technology within an Islamic ethical framework.
- Translation and Dissemination: Translated essential works of Mawlana Abul Ala Mawdudi, making them accessible to a broader audience.
Suggested Books for Further Studies
- “Islamic Banking and Finance: Current Developments in Theory and Practice” edited by Khurshid Ahmad.
- “Islam and the Economic Challenge” by Khurshid Ahmad and Rodney Wilson.
- “Towards Understanding Islam” translated by Khurshid Ahmad, originally by Mawlana Abul Ala Mawdudi.
- “The Islamic Economy: Analytical Discourse” by Khurshid Ahmad.
Takeaways
- Ahmad is instrumental in advancing the field of Islamic economics and providing options beyond conventional Western systems.
- His work emphasizes ethical dimensions in economic practices, integrating spirituality with social and economic policies.
- He remains a vital figure in the intersection of Islamic thought and socioeconomic policies.
Conclusion
Khurshid Ahmad’s contributions span scholarly and practical realms, making him a significant figure in the contemporary Islamic world. His work in Islamic economics, coupled with his translations of Mawdudi, illustrates a strong commitment to creating sustainable, ethical socio-economic systems based on Islamic principles. Through his various roles, both academic and political, Ahmad has had a lasting impact on the discourse of Islamic economics and social responsibility.
