Many scholars criticize that Islamic economics has emerged merely as a sub-discipline of ‘Western' economics rather … Islamic economics discipline, has developed in a way such that the ‘truly Islamic' spirit is neglected in its various aspects … or replicating the ‘promising' conventional economics models and using them within the Islamic paradigm. As the result …

The paper quotes leading Islamic Economists who are saying that the field of Islamic Economics has gone astray, and … assertions and claims that economic theories are factual and objective, when in fact they are normative. Islamic economics has …. The goal of an Islamic economics is to create a spiritual transformation in human beings, and to use material means to …

://ssrn.com/abstract=3137935First generation Islamic Economics promised to create a system with just and equitable economic outcomes, which would …, and to consider Islamic Economics as a minor variant of capitalism. The second generation has been trying to create a … third generation can revive the promise of Islamic Economics and create a model economic system which fulfills the promise …

Is Islam compatible with democracy? While recent developments in Northern Africa and the Middle East have added new … that Islam is fundamentally incompatible with democratic institutions (the clash-of-civilizations view) with a … Muslim world, also analyzing potential causes -- rooted in Islam or otherwise -- of a failure of democracy to deliver. We …

Dr. Kahf is one of the prominent Muslim economists writing today on Islamic Economics. His contributions have been …

There is a huge number of definitions of Islamic Economics available in the literature. The vast majority take existing … Islamic Economics is a variant or a branch of conventional economics. We argue that something can be called “Islamic” only if … matter of Economics. This paper discusses ten dimensions of contrast, where our new definition suggests that the methodology …

The author intends to look at the forty plus years of Islamic economics in retrospect with a view to identifying gaps …

The paper “Islamic Economics: Where From, Where To?” of Muhammad Nejatullah Siddiqi, a great scholar and pioneer of … Islamic economics and finance, has addressed many important issues in Islamic finance and economics …

The article from Muhammad Nejatullah Siddiqi is of utmost interest for the understanding of Islamic economics and its … Islamic economics. It also provides directions to improve the implementation of Islamic economics …