Rothbard and Mises, from the Austrian School of Economics, were influenced by the Scholastics in Spain, who in turn were influenced by Islamic scholarship that had preserved and transmitted many Greek works. Greek philosophy → preserved & expanded in the Islamic Golden Age → translated into Latin in medieval Spain & Sicily → adopted by Christian Scholastics (including School of Salamanca) → rediscovered & emphasized by Austrian economists like Rothbard and Mises.

Tarek El Diwany, who has been calling out “Islamic” banking for years and wrote the seminal book “The Problem With Interest”, was influenced to some extent by the Austrian School of Economics (Hayek, Mises, Rothbard) Particularly in their ideas on human choice, individual action, and the avoidance of price regulation in the market, which also has a long tradition in Islamic jurisprudence.