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There is a growing amount of literature that tries to explain what institutions are, how they are established and how they can be reformed for desired social and economic development. This paper explores key institutional values needed for transformative socio-economic development in the Muslim...
Persistent link: https://www.econbiz.de/10012944685
Persistent link: https://www.econbiz.de/10012821338
The modern world's ecological and economic crises result from its reductionist, mechanistic, and materialistic worldview. This study of Islamic economics – based on its metaphysical and cosmological sciences – reveals a path to economic justice and ecological equilibrium that requires...
Persistent link: https://www.econbiz.de/10012861719
maximizing to humans and to society. It discusses how Islam is not the source of underdevelopment in Muslim countries and cites …
Persistent link: https://www.econbiz.de/10013058483
The general perception in the developed world is that Islamic Law, or Sharia'a, has had a negative impact on the economic development of the Middle Eastern countries. It should not, however, be ignored that the same geographical region was once far ahead in scientific and economic development....
Persistent link: https://www.econbiz.de/10013022782
Human development and welfare of human being has a pivotal place in Islamic development concept. Majority of Islamic scholars come to the conclusion that the objective of the Shariah (Maqasid al-Shariah) is to promote well-being of all mankind, which lies in safeguarding faith, their human self,...
Persistent link: https://www.econbiz.de/10012922195
In this paper, the foundational rules governing human, economic and financial development in Islam, as understood from …
Persistent link: https://www.econbiz.de/10012922274
The primary objective of this article is to identify, and highlight some socio-religious, and political factors for the backwardness of Muslims in education in the contemporary world. Much has been written on this topic in many languages and yet, I would like to highlight only some dimensions of...
Persistent link: https://www.econbiz.de/10013225178
introduced other dimensions of development, but nonetheless agree on the centrality and importance of wealth. However, Islam is … primarily concerned with spiritual and moral development. Teachings of Islam created an inner revolution within the companions … Muslims, of ideas antithetical to Islam. In this article, we expose and refute one dozen widely believed myths created to …
Persistent link: https://www.econbiz.de/10013077746
This paper purpose of analyzing the evolution of a sustainable development approach from an Islamic perspective. In general sustainable development is a development that meets current and future needs to achieve sustainability between economic, social and environmental development without...
Persistent link: https://www.econbiz.de/10012829290