Prioritizing issues in Islamic economics and finance

The purpose of this study is to investigate the opinion of scholars of Islamic economics and finance upon which issues should be given higher priority based on its roles in achieving the ultimate goals of Islamic economics and finance. Library study is firstly used to determine research areas in Isl...

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Main Author: Abduh, Muhamad
Format: Article
Language:English
Published: IDOSI Publications 2013
Subjects:
Online Access:http://irep.iium.edu.my/31612/
http://irep.iium.edu.my/31612/
http://irep.iium.edu.my/31612/
http://irep.iium.edu.my/31612/1/Abduh_2013%2C_Midle_East_J_of_Sci_Research.pdf
id iium-31612
recordtype eprints
spelling iium-316122015-02-12T04:09:10Z http://irep.iium.edu.my/31612/ Prioritizing issues in Islamic economics and finance Abduh, Muhamad BP173.75 Islam and economics HG1501 Banking The purpose of this study is to investigate the opinion of scholars of Islamic economics and finance upon which issues should be given higher priority based on its roles in achieving the ultimate goals of Islamic economics and finance. Library study is firstly used to determine research areas in Islamic economics and finance. Afterwards, the pairwise comparison matrix is developed and distributed among the Islamic economics and finance scholars in Malaysia. Analytic hierarchical process technique is used as the means to rank the importance of alternatives based on defined research areas and small sample size. The library study found that there are six major research areas in Islamic economic and finance i.e. Islamic banking, other Islamic financial institutions, zakat-waqaf and poverty alleviation, Islamic monetary system, philosophical issues and fiqh almuamalat al-maliyyah. Using Analytical Hierarchy Process, the result shows that area of zakat-waqaf and poverty alleviation is considered as the most important area followed by monetary system including Islamic currency. Despite the large number of studies done in Islamic banking, the respondents have considered that the area is not able to answer or give solution to the ultimate goal of the establishment of Islamic economic and finance. IDOSI Publications 2013-08-01 Article PeerReviewed application/pdf en http://irep.iium.edu.my/31612/1/Abduh_2013%2C_Midle_East_J_of_Sci_Research.pdf Abduh, Muhamad (2013) Prioritizing issues in Islamic economics and finance. Middle East Journal of Scientific Research (MEJSR), 15 (11). pp. 1594-1598. ISSN 1990-9233 http://www.idosi.org/mejsr/online.htm 10.5829/idosi.mejsr.2013.15.11.11658
repository_type Digital Repository
institution_category Local University
institution International Islamic University Malaysia
building IIUM Repository
collection Online Access
language English
topic BP173.75 Islam and economics
HG1501 Banking
spellingShingle BP173.75 Islam and economics
HG1501 Banking
Abduh, Muhamad
Prioritizing issues in Islamic economics and finance
description The purpose of this study is to investigate the opinion of scholars of Islamic economics and finance upon which issues should be given higher priority based on its roles in achieving the ultimate goals of Islamic economics and finance. Library study is firstly used to determine research areas in Islamic economics and finance. Afterwards, the pairwise comparison matrix is developed and distributed among the Islamic economics and finance scholars in Malaysia. Analytic hierarchical process technique is used as the means to rank the importance of alternatives based on defined research areas and small sample size. The library study found that there are six major research areas in Islamic economic and finance i.e. Islamic banking, other Islamic financial institutions, zakat-waqaf and poverty alleviation, Islamic monetary system, philosophical issues and fiqh almuamalat al-maliyyah. Using Analytical Hierarchy Process, the result shows that area of zakat-waqaf and poverty alleviation is considered as the most important area followed by monetary system including Islamic currency. Despite the large number of studies done in Islamic banking, the respondents have considered that the area is not able to answer or give solution to the ultimate goal of the establishment of Islamic economic and finance.
format Article
author Abduh, Muhamad
author_facet Abduh, Muhamad
author_sort Abduh, Muhamad
title Prioritizing issues in Islamic economics and finance
title_short Prioritizing issues in Islamic economics and finance
title_full Prioritizing issues in Islamic economics and finance
title_fullStr Prioritizing issues in Islamic economics and finance
title_full_unstemmed Prioritizing issues in Islamic economics and finance
title_sort prioritizing issues in islamic economics and finance
publisher IDOSI Publications
publishDate 2013
url http://irep.iium.edu.my/31612/
http://irep.iium.edu.my/31612/
http://irep.iium.edu.my/31612/
http://irep.iium.edu.my/31612/1/Abduh_2013%2C_Midle_East_J_of_Sci_Research.pdf
first_indexed 2023-09-18T20:45:46Z
last_indexed 2023-09-18T20:45:46Z
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