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Abstract

Islam's moral economy is frequently posited in academic and popular literature as "counter" or "alternative" to neoliberal ideologies. However, despite having some contradictory values, I argue that neoliberalism is neither monolithic in form nor universal in effect and can be integrated with Islam's moral economy taking different discourses based on geographical and cultural contexts. Through this paper I attribute the successful incorporation of neoliberal ideologies and Islamic values to an evolutionary theory known as the cost-signaling theory. By analyzing and comparing Christopher Taylor's, "New Islamic Charities in North India: Re-Thinking Islam's 'Moral Economy'" to Sarah Thiam's, "Disappearing Perpetrators: Why Alleged Traffickers of Qur'anic School Students in Senegal and Mali Never Get Charged with Crimes" I demonstrate the ability for neoliberalism to operate within a religious framework that often seems to contradict neoliberalism in practice.

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