Economic consumption model revisited: infaq model based on al-Shaybani's levels of al-Kasb

This study attempts to investigate the economic ideas of al-Imām MuÍammad Ibn al-×asan al-Shaybānī (1986), focusing on his levels of al-Kasb. The study uses al-Shaybānī’s levels of al-Kasb to develop a theoretical Infāq model that integrates the material, spiritual, moral, social and legal dimension...

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Main Author:	Mohammed, Mustafa Omar
Format:	Article
Language:	English
Published:	KENMS-IIUM Press 2011
Subjects:	HB75 History of economics. History of economic theory HB801 Consumption. Demand
Online Access:	http://irep.iium.edu.my/28905/ http://irep.iium.edu.my/28905/ http://irep.iium.edu.my/28905/1/International_Journal_Of_Economics%2C_Management%2C_And_Accounting_%28Inside%29.pdf

id	iium-28905
recordtype	eprints
spelling	iium-289052015-11-01T01:05:18Z http://irep.iium.edu.my/28905/ Economic consumption model revisited: infaq model based on al-Shaybani's levels of al-Kasb Mohammed, Mustafa Omar HB75 History of economics. History of economic theory HB801 Consumption. Demand This study attempts to investigate the economic ideas of al-Imām MuÍammad Ibn al-×asan al-Shaybānī (1986), focusing on his levels of al-Kasb. The study uses al-Shaybānī’s levels of al-Kasb to develop a theoretical Infāq model that integrates the material, spiritual, moral, social and legal dimensions. Thus the Infāq model is broader than the concept of consumption in modern economics. It also has some advantages over the Islamic consumption models developed by contemporary Muslim economists. The model identifies some major implications in terms of basic needs fulfillment, social Infāq and distributive justice. The primary features of this model are its simplicity and comprehensiveness. It is easy to understand yet it embodies the individual, social, material, spiritual, moral and legal dimensions into the individual’s spending decision making and behavior. The model is more realistic in understanding human behavior. It is growth friendly and instills the spirit of cooperation and social responsibility at the individual and social levels. It is suggested that future research further fine tune with some rigourous analysis JEL Classification: A13, A31, B11, D01, D10 Key words: Al-Kasb, Consumption, Infāq, Model building KENMS-IIUM Press 2011 Article PeerReviewed application/pdf en http://irep.iium.edu.my/28905/1/International_Journal_Of_Economics%2C_Management%2C_And_Accounting_%28Inside%29.pdf Mohammed, Mustafa Omar (2011) Economic consumption model revisited: infaq model based on al-Shaybani's levels of al-Kasb. IIUM Journal of Economics and Management, 19 (1). pp. 115-132. ISSN 1394-7680 http://journals.iium.edu.my/enmjournal/index.php/enmj
repository_type	Digital Repository
institution_category	Local University
institution	International Islamic University Malaysia
building	IIUM Repository
collection	Online Access
language	English
topic	HB75 History of economics. History of economic theory HB801 Consumption. Demand
spellingShingle	HB75 History of economics. History of economic theory HB801 Consumption. Demand Mohammed, Mustafa Omar Economic consumption model revisited: infaq model based on al-Shaybani's levels of al-Kasb
description	This study attempts to investigate the economic ideas of al-Imām MuÍammad Ibn al-×asan al-Shaybānī (1986), focusing on his levels of al-Kasb. The study uses al-Shaybānī’s levels of al-Kasb to develop a theoretical Infāq model that integrates the material, spiritual, moral, social and legal dimensions. Thus the Infāq model is broader than the concept of consumption in modern economics. It also has some advantages over the Islamic consumption models developed by contemporary Muslim economists. The model identifies some major implications in terms of basic needs fulfillment, social Infāq and distributive justice. The primary features of this model are its simplicity and comprehensiveness. It is easy to understand yet it embodies the individual, social, material, spiritual, moral and legal dimensions into the individual’s spending decision making and behavior. The model is more realistic in understanding human behavior. It is growth friendly and instills the spirit of cooperation and social responsibility at the individual and social levels. It is suggested that future research further fine tune with some rigourous analysis JEL Classification: A13, A31, B11, D01, D10 Key words: Al-Kasb, Consumption, Infāq, Model building
format	Article
author	Mohammed, Mustafa Omar
author_facet	Mohammed, Mustafa Omar
author_sort	Mohammed, Mustafa Omar
title	Economic consumption model revisited: infaq model based on al-Shaybani's levels of al-Kasb
title_short	Economic consumption model revisited: infaq model based on al-Shaybani's levels of al-Kasb
title_full	Economic consumption model revisited: infaq model based on al-Shaybani's levels of al-Kasb
title_fullStr	Economic consumption model revisited: infaq model based on al-Shaybani's levels of al-Kasb
title_full_unstemmed	Economic consumption model revisited: infaq model based on al-Shaybani's levels of al-Kasb
title_sort	economic consumption model revisited: infaq model based on al-shaybani's levels of al-kasb
publisher	KENMS-IIUM Press
publishDate	2011
url	http://irep.iium.edu.my/28905/ http://irep.iium.edu.my/28905/ http://irep.iium.edu.my/28905/1/International_Journal_Of_Economics%2C_Management%2C_And_Accounting_%28Inside%29.pdf
first_indexed	2023-09-18T20:42:27Z
last_indexed	2023-09-18T20:42:27Z
_version_	1777409455759032320

Economic consumption model revisited: infaq model based on al-Shaybani's levels of al-Kasb

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