This article reviews an English translation of "First Principles of Islamic Economics" (Leicester: Islamic Foundation … 1969. After a brief Introduction the selections in this book are arranged in two parts: Islam's philosophy (or system, the … Islamic economics must traverse …

issue of JRIE (pp. 87-103) has raised certain vital questions as regards the definition and methodology of Islamic economics …. As the discussion on this topic helps in understanding the basic approach of Islam towards the economic problem of Man … and the solution that Islam provides for, it is worth while to participate in this discussion and make an attempt to …

The existing literature on Islamic economics has not undergone any of the processes of verification or falsification … economics is either superfluous, or ambiguous or confusing. It does not help in transforming the Islamic economic teachings into … a social science. For developing Islamic economics as a social science, we must understand the primary sources in a …

The paper aims at explaining the need for a starting point for developing an Islamic theory of economics. The paper … emphasizes that what is needed is not a ‘theory of Islamic economics' but an ‘Islamic theory of economics'. It is not merely … semantics. The paper explains what difference it makes in theorizing Islamic economics. The point emphasized in the paper is …

This paper builds upon the following critique of Islamic economics: (a) Persistence on the literal interpretation of … by social solidarity as it derives not politically but religiously from Islamic law, might be worth followed by Islam …

: Critiques of the Current State of Islamic Economics -- Chapter 4: Ethics of Iqtisaad -- Chapter 5: Islamic Perspectives on the … Cycle of Civilization and Problem of Knowledge -- Chapter 6: Islamization of Economics? An Impossibility Theorem -- Chapter …This book discusses the need for a paradigm shift from Islamic economics universe of discourse to Iqtisād, a socio …

Purpose This paper aims to explain the nature of the economic agent in Islamic economics. He is commonly referred to as … epistemological source in Islamic economics. The paper, thus, attempts to explore the message of the Qurʾān and internalize its … is developed from the Qurʾānic teachings will be useful in developing assumptions and theories in Islamic economics …