The renowned economist-cum-Islamic scholar died peacefully in United States. The late Dr. Muhammad Nejathullah Siddiqi was a powerful and intellectual leader of Jamaat-e-Islami, Hind. Born in India in 1931, he was educated at Aligarh Muslim University as well as Rampur and Azamgarh.
He was awarded the Shah Faisal Award, the biggest award in the Islamic world in recognition of his services on Islamic societies. Dr. Siddiqui has served in many universities across the globe. He worked as professor of Islamic studies at the Aligarh Muslim University and as professor of economics at the King Abdul Aziz University, Jeddah, Saudi Arabia, in its Center for Research in Islamic Economics. Later he became a Fellow at the Center for Near Eastern Studies at the University of California, Los Angeles, and after that a visiting scholar at the Islamic Research & Training Institute, Islamic Development Bank, Jeddah.
His major works on Islamic banking have been written in English. Among them are: Recent Theories of Profit: A Critical Examination (1971); Economic Enterprise in Islam (1972); Muslim Economic Thinking (1981); Banking Without Interest (1983); Insurance in an Islamic Economy (1985); Teaching Economics in Islamic Perspective (1996); Role of State in Islamic Economy (1996) and Dialogue in Islamic Economics (2002). He has a comprehensive work on Islam’s View on Property (1969). Several of his works have been translated into Arabic, Persian, Turkish, Indonesian, Malaysian, etc..
He had associated with a number of academic journals as editor or advisor. He has served on numerous committees and participated in many conferences in various parts of the world. He was a very helpful for all and shares his valuable knowledge in the society.