{"id":115343,"date":"2026-06-14T16:18:17","date_gmt":"2026-06-14T11:18:17","guid":{"rendered":"https:\/\/dailyausaf.com\/en\/?p=115343"},"modified":"2026-06-14T16:18:17","modified_gmt":"2026-06-14T11:18:17","slug":"islamic-banking-pioneer-dr-umer-chapra-dies-at-93","status":"publish","type":"post","link":"https:\/\/dailyausaf.com\/en\/world\/islamic-banking-pioneer-dr-umer-chapra-dies-at-93\/","title":{"rendered":"Islamic banking pioneer Dr. Umer Chapra dies at 93"},"content":{"rendered":"<p>JADDAH: Dr. Muhammad Umer Chapra, a prominent Pakistani-Saudi <a href=\"https:\/\/dailyausaf.com\/en\/business\/rs-30-per-litre-petrol-possible-in-pakistan-economists-say\/\">economist<\/a> and one of the founders of Islamic economics and banking, has passed away at the age of 93.<\/p>\n<p>Dr. Muhammad Umer Chapra served as a senior economic advisor to the Saudi Arabian Monetary Agency (SAMA) and the Islamic Development Bank (IDB) for a long time.<\/p>\n<p>In recognition of his services, he was also awarded the King Faisal International Award in 1990.<\/p>\n<p>Dr. Muhammad Umer Chapra was a prominent thinker in Islamic economics and Islamic history. His famous books include Muslim Civilization &#8211; Why Its Decline and Why Its Reformation (this is the Urdu translation of his famous English book, Muslim Civilization).<\/p>\n<p>Similarly, Islam and the Economic Challenge and The Future of Economics: An Islamic Perspective are also among his famous books.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>JADDAH: Dr. Muhammad Umer Chapra, a prominent Pakistani-Saudi economist and one of the founders of Islamic economics and banking, has passed away at the age of 93. Dr. Muhammad Umer Chapra served as a senior economic advisor to the Saudi Arabian Monetary Agency (SAMA) and the Islamic Development Bank (IDB) for a long time. In [&hellip;]<\/p>\n","protected":false},"author":29,"featured_media":115344,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[],"class_list":["post-115343","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-world"],"_links":{"self":[{"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/posts\/115343","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/users\/29"}],"replies":[{"embeddable":true,"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/comments?post=115343"}],"version-history":[{"count":1,"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/posts\/115343\/revisions"}],"predecessor-version":[{"id":115345,"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/posts\/115343\/revisions\/115345"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/media\/115344"}],"wp:attachment":[{"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/media?parent=115343"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/categories?post=115343"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/tags?post=115343"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}