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Engineering an Islamic future

Engineering an Islamic future Bill Maurer is Associate Professor at the Department of Anthropology, University of California. He specialises in the anthropology of law, globalization, international money and finance in the Caribbean, and gender and kinship. His email is [email protected]. This paper was originally presented at the 1999 annual meeting of the American Anthropological Association. I would like to thank Nicholas Blomley, Tom Boellstorff, Saba Mahmood, Richard Perry, Elizabeth A. Povinelli, Annelise Riles and Katherine Verdery for their comments on earlier versions of this paper. I would also like to thank the four anonymous reviewers and ANTHROPOLOGY TODAY Islamic banking was born as recently as the 1970s, principally to service Muslims not allowed to pay or receive interest. Also known as ‘interest-free banking’, it has enjoyed a significant rise in stature over the last three decades. For example, from its humble beginnings, the Muslim Pilgrims Savings Corporation, set up in Malaysia in l963 to help people save for performing hajj (pilgrimage to Mecca and Medina), eventually evolved in 1983 into Malaysia’s first Islamic bank, the Bank Islam Malaysia Berhad. Today it is estimated that there are more than 150 Islamic financial institutions operating in over 70 countries, managing 102 Islamic equity funds, http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png Anthropology Today Wiley

Engineering an Islamic future

Maurer, Bill
Anthropology Today , Volume 17 (1) – Feb 1, 2001
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References (3)

Publisher
Wiley
Copyright
RAI 2001
ISSN
0268-540X
eISSN
1467-8322
DOI
10.1111/1467-8322.t01-1-00040
Publisher site
See Article on Publisher Site

Abstract

Bill Maurer is Associate Professor at the Department of Anthropology, University of California. He specialises in the anthropology of law, globalization, international money and finance in the Caribbean, and gender and kinship. His email is [email protected]. This paper was originally presented at the 1999 annual meeting of the American Anthropological Association. I would like to thank Nicholas Blomley, Tom Boellstorff, Saba Mahmood, Richard Perry, Elizabeth A. Povinelli, Annelise Riles and Katherine Verdery for their comments on earlier versions of this paper. I would also like to thank the four anonymous reviewers and ANTHROPOLOGY TODAY Islamic banking was born as recently as the 1970s, principally to service Muslims not allowed to pay or receive interest. Also known as ‘interest-free banking’, it has enjoyed a significant rise in stature over the last three decades. For example, from its humble beginnings, the Muslim Pilgrims Savings Corporation, set up in Malaysia in l963 to help people save for performing hajj (pilgrimage to Mecca and Medina), eventually evolved in 1983 into Malaysia’s first Islamic bank, the Bank Islam Malaysia Berhad. Today it is estimated that there are more than 150 Islamic financial institutions operating in over 70 countries, managing 102 Islamic equity funds,

Journal

Anthropology Today – Wiley

Published: Feb 1, 2001

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