Pure economic theory ignores ethical values but in Islamic society these are seen as essentially recreated entities of the social order. Islam presents its worldview not as a pluralistic value but as one that calls for the organisation of social and economic order around its well‐defined...

Purpose – This paper aims to address the important issue of world food pricing from a new perspective of demand, supply production and preferences. Design/methodology/approach – This paper reviews the models of demand and supply and introduces the author's own modeling idea in this field of...

The well‐known modes of raising and mobilizing venture capital in Islam known as mudarabah and musharakah (m&m) in Islamic economics are critically examined. In the form as m&m presently exist, they are pointed out to be pre‐Islamic financing instruments that came into usage in the Islamic...

Purpose – The purpose of this paper is to address the following question: how do we derive a systemic understanding of community, business and microenterprise linkages in the light of the cardinal episteme of Islamic belief, Tawhid ? Design/methodology/approach – The worldview of unity of...

Purpose – The purpose of this paper is to bring out with analytical argumentation and mathematical treatment the central problem of Islamic economics, finance, institutionalism and socio‐scientific thought as it is being practiced today and for some time now. The problem arises from the...

Purpose – The purpose of this paper is to investigate on the social wellbeing aspects of human sustainability. Linked to this is the investigation on how economic stability and social wellbeing are interactively integrated together to establish the stability along with sustainability. What is...

Purpose – The purpose of this paper is to delineate the substantially different theory and application of corporate governance idea in Islamic financial theory contrary to the perceived one in the literature. Thus, a comparative and contrasting examination of the topic is provided....

Undertakes a critical study of population theory and demographic change in the history of economic thought and then presents an alternative theory of social change within which demographic change can be taken up. This latter kind of theoretical construct is shown to be an endogenous theory of...

Our main objective in this article is to discuss the problems of construction labour market stabilisation in the context of technological change. To study this topic the article is divided into two parts. In the first part there is an analysis of the existing features of the construction labour...