2019.  Beyond Debt: Islamic Experiments in Global Finance. Chicago: University of Chicago Press.

2017. Religion and the Morality of the Market. Cambridge: Cambridge University Press. (co-edited with Filippo Osella).

2010. Spiritual Economies: Islam, Globalization, and the Afterlife of Development. Ithaca: Cornell University Press. (Expertise: Cultures and Technologies of Knowledge series).

More information for this text is available at the bottom of this page.

Edited Collections

2020. “The Ethnography of the Global after Globalization.”  Hau: Journal of Ethnographic Theory. 10(3). Co-edited with Jerome Whitington.

2014. “Afterlives of Development.” Special issue of Political and Legal Anthropology Review. 37(1). Co-edited with Anke Schwittay.

Journal Articles

2018. “Crisis Effects.” Cultural Anthropology. 33(4). [web]

2017. “Subjects of Debt: Financial Subjectification and Collaborative Risk in Malaysian Islamic Finance.” American Anthropologist. 119(2): 269-283. [web]

2016. “Islamizing Finance: From Magical Capitalism to a Spiritual Economy.” Anthropology Today. 32(6): 8-12. [web]

2014. “Regimes of Self-Improvement: Globalization and the Will to Work.” Social Text. 32(3): 109-127. [web]

2014. “Economy in Practice: Islamic Finance and the Problem of Market Reason.” American Ethnologist. 41(1):110-127. [web]

2014. “Islamic Finance and the Afterlives of Development in Malaysia.” Political and Legal Anthropology Review. 37(1):69-88. [web]

2014. “Afterlives of Development.” Political and Legal Anthropology Review. 37(1):3-9. (Co-authored with Anke Schwittay). [web]

2013. “Wall Street or Halal Street?: Malaysia and the Globalization of Islamic Finance.” Journal of Asian Studies. 72(4): 831-848. [web]

2013. “Engineering Entrepreneurial Ethics: Developing Islam in Indonesia.” Moussons. 21: 11-30. [web]

2013. “Beyond Culture and Society: Prospects for Ethnographies of Finance.” Journal of Business Anthropology. 2(1): 49-53. [web]

2011. “Circulating Tears and Managing Hearts: Governing through Affect in an Indonesian Steel Factory.” Anthropological Theory. 11(1): 63-87. [web]

2009. “Market Islam in Indonesia.” Journal of the Royal Anthropological Institute. 15(special issue):183-201. [web]

2009. “Spiritual Economies: Islam and Neoliberalism in Contemporary Indonesia.” Cultural Anthropology. 24(1): 104-141. [web]

2009. “Pelatih Spiritual, Spiritual Trainer.” Indonesia. 87:41-43. [web]

2009. “Economies of Affect.” Journal of the Royal Anthropological Institute. 15(1):57-77. (Co-authored with Analiese Richard). [web]

2004. “Technologies of Servitude: Governmentality and Indonesian Transnational Labor Migration.” Anthropological Quarterly. 77(3): 407-434. [web]

Book Chapters

2019. “Neoliberal Faith: Risk and the Representation of Death in Indonesia.” In Governing Gifts: Faith, Charity, and the Security State, edited by Erica James, 199-218. SAR Advanced Seminar Series. Albuquerque: University of New Mexico Press.

2018. “Exorcising Leverage: Sleight of Hand and the Invisible Hand in Islamic Finance.” In Magical Capitalism: Enchantment, Spells, and Occult Practices in Contemporary Economies, edited by Brian Moeran and Timothy de Waal Malefyt, 65-87. New York: Palgrave MacMillan.

2018. “Regimes of Precarity: ‘Buruh,’ ‘Karyawan,’ and the Politics of Labour Identity in Indonesia.”  In Industrial Labor on the Margins of Capitalism: Precarity, Class and the Neoliberal Subject, edited by Chris Hann and Jonathan Parry, 155-179. New York: Berghahn.

2017. “Assembling Islam and Liberalism: Market Freedom and the Moral Project of Islamic Finance.” In Religion and the Morality of the Market, edited by Daromir Rudnyckyj and Filippo Osella. Cambridge, UK: Cambridge University Press. [web]

2017. “Introduction: Assembling Market and Religious Moralities.” In Religion and the Morality of the Market, edited by Daromir Rudnyckyj and Filippo Osella. Cambridge, UK: Cambridge University Press. (Co-authored with Filippo Osella). [web]

2016. “Objectifying Economies: Contemporary Themes in Economic Anthropology.” In Routledge Companion to Contemporary Anthropology, edited by Simon Coleman, Susan Hyatt, and Ann Kingsolver. London: Routledge. [web]

2015. “Religious Reform and Emerging Middle Classes.” In the Routledge Handbook of Religions in Asia, ed. Bryan Turner and Oscar Salemink, 329-342. London: Routledge.

2015. “Religion and Economic Development.” In the Routledge Handbook on Religions and Global Development, ed. Emma Tomalin, 405-417. London: Routledge.

2013. “Pelatih Spiritual, Spiritual Trainer.” In Figures of Southeast Asian Modernity, edited by Joshua Barker, Erik Harms, and Johan Lindquist. Honolulu: University of Hawai’i Press. Pp: 138-141. (REPRINT). [web]

2012. “Spirits and Citizens: The Politics of Religious Difference in Indonesia.” In Faith in the Future: Understanding the Revitalization of Religious and Cultural Traditions in Asia, edited by Thomas Reuter and Alexander Horstmann. Leiden: Brill. Pp. 223-250.

2011. “Spiritual Economies: Islam and Neoliberalism in Contemporary Indonesia.” In Fundamentalism and Charismatic Movements, edited by David Lehmann and Humeira Iqtidar. London: Routledge. (REPRINT).

2010. “Market Islam in Indonesia.” In Islam, Politics, Anthropology, edited by Benjamin Soares and Filippo Osella. Hoboken, NJ: John Wiley & Sons. (REPRINT).

2009. “PowerPointing Islam: Form and Spiritual Reform in Reformasi Indonesia.” In Mediating Piety: Religion and Technology in Asia, edited by Francis Lim. Pp. 91-112. Leiden: Brill. [web]

2008. “Worshipping Work: Producing Commodity Producers in Contemporary Indonesia.” In Taking Southeast Asia to Market: The Production of Nature, People and Places as Commodities in a Neoliberal Age, edited by Joseph Nevins and Nancy Peluso. Pp. 73-87. Ithaca: Cornell University Press. [web]

Spiritual Economies: Islam, Globalization, and the Afterlife of Development

Spiritual Economies has been reviewed in the following journals:


In Europe and North America Muslims are often represented in conflict with modernity—but what could be more modern than motivational programs that represent Islamic practice as conducive to business success and personal growth? Daromir Rudnyckyj’s innovative and surprising book challenges widespread assumptions about contemporary Islam by showing how moderate Muslims in Southeast Asia are reinterpreting Islam not to reject modernity but to create a “spiritual economy” consisting of practices conducive to globalization.


“In anthropology, the value of inspiring ideas in any period depends on their realization in convincing ethnographic achievements. In this regard, Spiritual Economies is a bravura performance: at the site of Krakatau Steel, it shows the power and kinship of experiments in neoliberal economy, religious revival, ethnography—and para-ethnography—all in the same frame.”

George E. Marcus, author of Ethnography Through Thick and Thin

“In the clearly written and strongly argued Spiritual Economies, Daromir Rudnyckyj brings together the anthropology of development and globalization and the anthropology of the rising Islamic piety movement to show that religious resurgence can be part of globalizing economic development, not necessarily a refuge from it. He traces many of Indonesia’s recent political and religious transformations from the vantage point of a steel factory, where the ESQ spiritual training program combines spiritual guidance, business success training, and a vision of Islam as predictive and encompassing of science and technology.”

John Bowen, Dunbar-Van Cleve Professor in Arts & Sciences, Washington University in St. Louis, and author of Can Islam Be French?