>ThurstonMitchell: removed Category:University of Minnesota alumni; added Category:University of Minnesota College of Liberal Arts alumni using HotCat

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removed Category:University of Minnesota alumni; added Category:University of Minnesota College of Liberal Arts alumni using HotCat

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{{Infobox person
| honorific_prefix = [[Doctor (title)|Doctor]]
| name = Muhammad Umer Chapra
| image =
| caption =
| birth_name =
| birth_date = {{birth date and age|1933|2|1|df=y}}
| birth_place = [[Mumbai|Bombay]], [[Bombay Presidency]], British India
| nationality = [[Pakistani nationality law|Pakistani]]<br> [[Saudi Arabian nationality law|Saudi Arabian]]<ref name="AN"/><ref name="WDIBF"/><ref name=kfip/>
| death_date =
| death_place =
| other_names =
| occupation = [[Economist]]<br> Economic advisor
| known_for = Winner of the 1990 [[King Faisal International Prize]]<ref name="AN"/>
| notable works = Islam and the Economic Challenge, The Future of Economics: An Islamic Perspective
| children = 4
| relatives =
| spouse = {{marriage|Khairunnisa Jamal Mundia|1962}}<ref name="CV"/>
}}

'''Muhammad Umer Chapra''' (born 1 February 1933) is a Pakistani-Saudi economist.<ref name=kfip/> {{As of| November 1999,}} he serves as Advisor at the Islamic Research and Training Institute (IRTI) of the [[Islamic Development Bank]] (IDB) in [[Jeddah]], Saudi Arabia. Prior to this position, he worked at the [[Saudi Arabian Monetary Agency]] (SAMA), Riyadh, for nearly 35 years, as Economic Advisor and then Senior Economic Advisor.

He has also taught as Assistant and Associate Professor of Economics at the [[University of Wisconsin]] (Platteville), the [[University of Kentucky]] (Lexington), as Senior Economist and Associate Editor of the ''Pakistan Development Review'' at the [[Pakistan Institute of Development Economics]], and as Reader (Associate Professor) at the Central Institute of Islamic Research (Pakistan).

He has lectured widely at a number of universities and professional institutes in different countries around the world, including the [[Harvard Law School]], [[Loughborough University]], UK, the [[Oxford Centre for Islamic Studies]], the [[London School of Economics]], [[Universidad Autonoma de Madrid]], the [[University of Malaga]], Spain, and [[Kyoto University]], Japan. He is on the editorial board of a number of professional journals and has acted as referee for a number of others, including the ''[[Economic Journal]]'' of the Royal Economic Society, UK, the ''Journal of Socio-Economics'' and the ''Thunderbird International Business Review''.

==Personal life==
Chapra was born in [[Bombay]], British India on 1 February 1933 to Abdul Karim Chapra, and grew up in [[Karachi]], Pakistan. He completed undergraduate studies from the [[University of Sindh]] in 1950, followed by undergraduate and postgraduate degrees in commerce at the [[University of Karachi]] in 1954 and 1956 respectively. He then moved to the United States, where he pursued a PhD in economics and sociology from the [[University of Minnesota]] in 1961, and worked as an academic for six years.<ref name="CV">{{cite web|url=https://kantakji.com/media/5384/y128.pdf|title=Dr M Umer Chapra: A Brief Biography |work=Kantakji.com|access-date=13 April 2019}}</ref><ref name="MPRA">{{cite web|url=https://mpra.ub.uni-muenchen.de/87022/1/MPRA_paper_87022.pdf|title=Monetary policy in perspective of Umer Chapra|work=Munich Personal RePEc Archive|access-date=13 April 2019|date=17 March 2018|first=Dahlia|last=Arikha}}</ref>

In 1965, at a time when there was high demand for skilled Pakistani migrants, he moved to Saudi Arabia after being offered an economic advisory position at the Saudi Arabian Monetary Agency. He worked under [[Ministry of Finance (Saudi Arabia)|Minister for Finance]] Sheikh Mohammed Abalkhai during the reign of [[Faisal of Saudi Arabia|King Faisal]], and played an instrumental role in building Saudi Arabia's banking system, as well as formulating the government's economic and monetary policies over the next several decades.<ref name="AN">{{cite news|url=http://www.arabnews.com/node/1453281/saudi-arabia|title=50 years of memories: Pakistani economist who helped build Saudi banking system|work=Arab News|date=16 February 2019|access-date=13 April 2019|first=Deema|last=Al-Khudair|quote=Chapra won the King Faisal International Prize for Islamic Studies in 1990. In recognition of his services to the Kingdom, he was granted Saudi citizenship.}}</ref> In 1990, he was awarded the [[King Faisal International Prize]] in the field of Islamic studies and economics. He was also granted [[Saudi Arabian nationality law|Saudi citizenship]] in recognition of his services to the country.<ref name="AN"/><ref name="WDIBF">{{cite web|url=http://www.wdibf.com/scholars.html|title=Dr. Umar Chapra|work=Work Database for Islamic Banking and Finance|date=2009|access-date=13 April 2019|quote=Dr. M. Umer Chapra (born 1933), a Saudi citizen, is currently serving as Research Advisor at the Islamic Research & Training Institute (IRTI) of the Islamic Development Bank (IDB).}}</ref>

In 1995, he was awarded an Institute of Overseas Pakistanis medal by the [[President of Pakistan]], for his contributions in economics.<ref name="CV"/> He is married to Khairunnisa Jamal Mundia and they have four children.<ref name="CV"/><ref name="MPRA"/>

==Awards==
Chapra has received a number of awards for his academic contributions, including:

#The [[Islamic Development Bank]] Award for Islamic Economics (1989).
#The prestigious King Faisal International Prize for Islamic Studies (1989).<ref name=kfip>{{cite web|title=Dr. Muhammad Umer Chapra|url=https://kingfaisalprize.org/dr-mohammad-o-shabra/|publisher=[[King Faisal International Prize]]|access-date=27 April 2015|quote=He worked at the Institute of Development Economics and the Islamic Research Institute in Pakistan, then as a research assistant at Minnesota, and associate professor of economics at Wisconsin and Kentucky Universities, before becoming Consultant to the Saudi Arabian Monetary Organization for 34 years during which he was granted Saudi citizenship.}}</ref>
#The IOP (Institute of [[Overseas Pakistani]]s) gold medal by the President of Pakistan for services to Islam and Islamic Economics at the First IOP Convention in Islamabad (1995).
#The [[COMCEC]] 30th Anniversary Academic Award by the President of Turkey "for his outstanding academic studies in Islamic Economics and Finance" in Istanbul (2014).
#Ranked by the ISLAMICA 500 among the Top 50 Global Leaders who make the Islamic Economy in 2015.

==Bibliography==
Chapra has written extensively on the issues of [[Islamic economics]] and finance. In addition to a number of articles published in accredited journals, he has written 11 books, of which the following have been the most notable:

* ''Towards a Just Monetary System''<ref name="AZ537">{{cite journal |last1=ASAD ZAMAN |title=Islamic Economics: A Survey of the Literature: II |journal=Islamic Studies |year=2009 |volume=48 |issue=4 |page=537 |jstor=20839183}}</ref>
* ''Islam and the Economic Challenge''
* ''The Future of Economics: An Islamic Perspective''
* ''The Islamic Vision of Development in the Light of Maqasid Al-Shari'ah''
* ''Muslim Civilization: The Causes of Decline and the Need for Reform''
* ''Morality and Justice in Islamic Economics and Finance''

==References==
{{Reflist}}

== External links ==
* {{webarchive |url=https://web.archive.org/web/20130126051610/http://www.muchapra.com/ |date=January 26, 2013 |title=Chapra, M.U. personal website }}
* Chapra, M. U. [http://eh.net/encyclopedia/islamic-economics-what-it-is-and-how-it-developed/ "Islamic Economics: What It Is and How It Developed"], ''EH.Net Encyclopedia'', edited by Robert Whaples. Economic History Association, March 16, 2008.

{{Islamic banking and finance}}
{{Authority control}}

{{DEFAULTSORT:Chapra, Umer}}
[[Category:1933 births]]
[[Category:Living people]]
[[Category:20th-century Muslim scholars of Islam]]
[[Category:Academics from Karachi]]
[[Category:Muhajir people]]
[[Category:Naturalised citizens of Saudi Arabia]]
[[Category:Pakistani economics writers]]
[[Category:Pakistani economists]]
[[Category:Pakistani emigrants to Saudi Arabia]]
[[Category:Pakistani expatriates in the United States]]
[[Category:Saudi Arabian academics]]
[[Category:Saudi Arabian economists]]
[[Category:Scholars of Islamic banking]]
[[Category:University of Karachi alumni]]
[[Category:University of Kentucky faculty]]
[[Category:University of Minnesota College of Liberal Arts alumni]]
[[Category:University of Minnesota faculty]]
[[Category:University of Sindh alumni]]
[[Category:University of Wisconsin–Madison faculty]]

Umer Chapra - Revision history

>ThurstonMitchell: removed Category:University of Minnesota alumni; added Category:University of Minnesota College of Liberal Arts alumni using HotCat