Since 2010, two academicians at George Washington University, Scheherazade Rehman and HosseinAskari, have been publishing a study called the “Islamicity Index” based on how a country’s economics, legal and governance, human and political rights, and international relations adhere to Islamic principles. In addition to the index determined to measure the Islamicity of countries, they use 12 basic economic principles to rank countries every year. These principles are fundamentally about equal economic opportunities, education and equal opportunity for employment for all, poverty reduction and prevention, and continuous social and intellectual development.
The recent study by both the authors published in the Global Economic Journal (vol. 10, Issue 3) titled An Economic Islamicity Index finds that Western nations apply Islamic principles in economics and business more than the countries known as ‘Islamic’ or ‘Muslim’ by demography or constitutional declaration. The researchers picked up 208 countries to rank them on an Islamic Economic Index. They placed Ireland on the first place, followed by Denmark, Luxembourg, Sweden, United Kingdom, New Zealand, Singapore, Finland, Norway and Belgium. Most of the European Union (EU) countries, Japan and even Israel are shown to be more committed to Islamic principles in dealing with economy and business than any Muslim country. Malaysia is the first Muslim country in the list, at the 33rd place in the ranking of 208 nations. The US occupies 15th place, the Russian Federation and China are placed 45th and 62nd. Some Muslim countries that are better placed in the ranking are Kuwait (42), Kazakhstan (54), Brunei (55), Bahrain (61), UAE (64), Turkey (71), Tunisia (72), Jordan (74), Azerbaijan (80), Oman (82), and Lebanon (87). Saudi Arabia occupies the 91st place. Indonesia, with the world’s largest Muslim population, is ranked 104th.
AUTHOR: Islamic Voice
Islamic Voice is a monthly Islamic magazine published in Bangalore. It is the largest English language Muslim publication in India. It is a comprehensive magazine, places a relatively high emphasis on social issues and strives to have a broad appeal. Since 1987, Islamic Voice has covered its fascinating namesake without fear or favour, with insight, accuracy, thoroughness and a well rounded perspective on a variety of subjects - be it the economy, politics, lifestyle, the arts, entertainment, travel, science, technology or health. That's why Islamic Voice is the country's most widely read publication, a position it has held for more than a decade. And that's why it makes sense to subscribe to Islamic Voice.
We represents all Muslim sects and shades of thought from all over India. We focus on "our" triumphs which, mostly, go unreported as well as constructively addresses our failures and shortcomings.
Editor-in-Chief: A.W. Sadatullah Khan
Genre: Current Affairs associated with Muslims
Subjects Covered:
Human Rights I Analysis I Special Reports I Issues I Book Reviews I National I International I Newsmakers I Community News I Islamic Perspectives I Classifieds I Opinions
Focus articles on:
Education and Children I Inter-faith Relations I Matrimony I Muslim economy I Muslim Perspective I The Muslim world I Society I Travel I The Western viewpoint I Women in Islam
Special focus on Faith and Law:
Fiqh I Hadith I Quran
COMMENTS
boy oh boy lot off Islamic muslim