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The existing literature on Islamic economics has not undergone any of the processes of verification or falsification. It is mostly restatement of the postulates as found in the Qur'an or hadith. The literature on methodology of Islamic economics is either superfluous, or ambiguous or confusing....
Persistent link: https://www.econbiz.de/10012929747
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
from those of other nations at roughly the same stage of economic development? And what is the impact of Islam on the … institutions. Turning to twenty-three indicators of economic and social performance, I find that the presence of Islam has likewise …
Persistent link: https://www.econbiz.de/10012732940
As suggested by its title, this paper looks at the subject of economic welfare from the perspectives of Islam. It …
Persistent link: https://www.econbiz.de/10014199497
This book, written by a range of Islamic scholars, sheds a great deal of light on questions about Islam’s compatibility … with a free society and a free economy. It aims to inform those in the West who view Islam with fear and suspicion, while … failure of Muslim countries is not caused by incompatibility between the tenets of Islam and the principles of a free economy …
Persistent link: https://www.econbiz.de/10013225248
This study examined attitudes toward bribe taking in four Muslim countries – Indonesia, Egypt, Iran and Iraq. Eighteen demographic variables were also examined (gender, age, marital status, etc.), and it was found that most mean scores between groups were significant
Persistent link: https://www.econbiz.de/10013055210
based on an empirical analysis of World Values Survey data. In recent economic theory, Carvalho (2013) maintained that …
Persistent link: https://www.econbiz.de/10013000073
Islamic economics as a subject has deep historical roots. However, the present body of knowledge known as ‘Islamic economics' originated in the second half of the last century. During the last four decades, a lot of literature has appeared. However, most of it can be accepted as ‘Islamic...
Persistent link: https://www.econbiz.de/10012960014
Islamic economics is not a social science yet. It is a work in progress. Islamic economists differ on methodology for developing Islamic economic thought into a social science. They face several dilemmas surrounding religion, Islamic law, conventional economics, contents of Islamic economics,...
Persistent link: https://www.econbiz.de/10012869802
Since the spirit of Islam is in stark and violent conflict with the spirit of Capitalism, the form taken by … process of accumulation of wealth, which is at the heart of capitalist societies. Central to Islam is the spirit of service …
Persistent link: https://www.econbiz.de/10013006077