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,” is available from http://ssrn.com/abstract=2231398 Because Islam focuses on success in the hereafter, while economics … maximization of wealth, while Islam is concerned with using wealth to achieve spiritual development. In contrast with homo … economicus, Islam offers a dynamic and complex view of a battle between conflicting tendencies within the hearts of men. Instead …
Persistent link: https://www.econbiz.de/10014155205
. The foundational principles of this methodology, which is based on logical positivism, are in conflict with Islam. We then …, while Islam requires faith in the unseen. Logical Positivism rejects morality as unscientific, while morality is a central …
Persistent link: https://www.econbiz.de/10014162261
The paper quotes leading Islamic Economists who are saying that the field of Islamic Economics has gone astray, and abandoned the original vision and mission of the founders. In this article we argue that the main reason for the current crisis is that most Muslim economists have accepted too...
Persistent link: https://www.econbiz.de/10013000020
There is a huge number of definitions of Islamic Economics available in the literature. The vast majority take existing definitions from the western literature and modify them to incorporate an Islamic angle. This leads to the widespread belief that Islamic Economics is a variant or a branch of...
Persistent link: https://www.econbiz.de/10013022462
society are compatible with Islam. Islamic financial institutions attempt to modify the form of the institutions without …
Persistent link: https://www.econbiz.de/10012904715
economic growth will not solve our economic problem. Islam offers a radically different perspective on human economic problems … Oxford University Handbook on Islam and the Economy, edited by Kabir Hassan and Mervyn Lewis, Later it was revised and … shortened, with title changed to "Islam versus Economics" …
Persistent link: https://www.econbiz.de/10013085426
Islamic views which describe the normative ideals for our personal and social lives. In particular, Islam aims at the …
Persistent link: https://www.econbiz.de/10012894183
There is a huge number of definitions of Islamic Economics available in the literature. The vast majority take existing definitions from the western literature and modify them to incorporate an Islamic angle. This leads to the widespread belief that Islamic Economics is a variant or a branch of...
Persistent link: https://www.econbiz.de/10012928285
Massive amounts of confusion exists regarding the definition of Islamic Economics. This has blocked progress in terms of the development of the discipline, since there is no agreement on what its proper subject matter and methodology is. This paper shows that the confusion arises because of our...
Persistent link: https://www.econbiz.de/10013214871
Persistent link: https://www.econbiz.de/10010381656