Method and substance of Islamic economics revisited

This paper provides fresh deliberations on the method and substance of Islamic economics by relying on the structure and contents of Nienhaus (2013). Introspective arguments are furnished to soundly argue that Islamic economics is still a widely disregarded field; it is an integrated science; its no...

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Main Authors:	Mohd Yusop, Mohd Mahyudi, Abdul Aziz, Enizahura
Format:	Article
Language:	English English
Published:	King Abdul Aziz University 2018
Subjects:	HB126.4 Islamic Economics
Online Access:	http://irep.iium.edu.my/64944/ http://irep.iium.edu.my/64944/ http://irep.iium.edu.my/64944/1/64944_Method%20and%20Substance%20of%20Islamic%20Economics%20Revisited.pdf http://irep.iium.edu.my/64944/7/64944_Method%20and%20substance%20of%20islamic%20economics%20revisited_SCOPUS.pdf

id	iium-64944
recordtype	eprints
spelling	iium-649442019-10-29T02:25:47Z http://irep.iium.edu.my/64944/ Method and substance of Islamic economics revisited Mohd Yusop, Mohd Mahyudi Abdul Aziz, Enizahura HB126.4 Islamic Economics This paper provides fresh deliberations on the method and substance of Islamic economics by relying on the structure and contents of Nienhaus (2013). Introspective arguments are furnished to soundly argue that Islamic economics is still a widely disregarded field; it is an integrated science; its normative dimension is not a deterrent element; ‘Islamic economics light’ studies are one inseparable part of the discipline; and Islamic economics is a political economy. On the aforementioned issues, we essentially make further elaborations on our Islamic economics definition, ‘Qur’ānic framework’, Islamic epistemology and Islamic criteria originating from Mahyudi and Abdul Aziz (2017). The elaborations are extended to expound on their positive impact to the Islamization of knowledge agenda. We also utilize Bakar (2016) to reduce the observed tension between Sharīʿah scholars and Islamic economists that is triggered by issues surrounding legal form and economic reasoning of Islamic banking and finance products. Armed with the latest views over some foundational topics in the philosophy of Islamic economics science, our discussions proffer some guiding points on the proper conduct of Islamic economists in engaging with conventional economists and Islamic jurisprudence experts. King Abdul Aziz University 2018-07-15 Article PeerReviewed application/pdf en http://irep.iium.edu.my/64944/1/64944_Method%20and%20Substance%20of%20Islamic%20Economics%20Revisited.pdf application/pdf en http://irep.iium.edu.my/64944/7/64944_Method%20and%20substance%20of%20islamic%20economics%20revisited_SCOPUS.pdf Mohd Yusop, Mohd Mahyudi and Abdul Aziz, Enizahura (2018) Method and substance of Islamic economics revisited. Journal of King Abdul Aziz University Islamic Economics (JKAU), 31 (2). pp. 33-50. ISSN 7383-1018 https://iei.kau.edu.sa/Files/121/Files/153869_31-02-03-Mahyudi0.pdf
repository_type	Digital Repository
institution_category	Local University
institution	International Islamic University Malaysia
building	IIUM Repository
collection	Online Access
language	English English
topic	HB126.4 Islamic Economics
spellingShingle	HB126.4 Islamic Economics Mohd Yusop, Mohd Mahyudi Abdul Aziz, Enizahura Method and substance of Islamic economics revisited
description	This paper provides fresh deliberations on the method and substance of Islamic economics by relying on the structure and contents of Nienhaus (2013). Introspective arguments are furnished to soundly argue that Islamic economics is still a widely disregarded field; it is an integrated science; its normative dimension is not a deterrent element; ‘Islamic economics light’ studies are one inseparable part of the discipline; and Islamic economics is a political economy. On the aforementioned issues, we essentially make further elaborations on our Islamic economics definition, ‘Qur’ānic framework’, Islamic epistemology and Islamic criteria originating from Mahyudi and Abdul Aziz (2017). The elaborations are extended to expound on their positive impact to the Islamization of knowledge agenda. We also utilize Bakar (2016) to reduce the observed tension between Sharīʿah scholars and Islamic economists that is triggered by issues surrounding legal form and economic reasoning of Islamic banking and finance products. Armed with the latest views over some foundational topics in the philosophy of Islamic economics science, our discussions proffer some guiding points on the proper conduct of Islamic economists in engaging with conventional economists and Islamic jurisprudence experts.
format	Article
author	Mohd Yusop, Mohd Mahyudi Abdul Aziz, Enizahura
author_facet	Mohd Yusop, Mohd Mahyudi Abdul Aziz, Enizahura
author_sort	Mohd Yusop, Mohd Mahyudi
title	Method and substance of Islamic economics revisited
title_short	Method and substance of Islamic economics revisited
title_full	Method and substance of Islamic economics revisited
title_fullStr	Method and substance of Islamic economics revisited
title_full_unstemmed	Method and substance of Islamic economics revisited
title_sort	method and substance of islamic economics revisited
publisher	King Abdul Aziz University
publishDate	2018
url	http://irep.iium.edu.my/64944/ http://irep.iium.edu.my/64944/ http://irep.iium.edu.my/64944/1/64944_Method%20and%20Substance%20of%20Islamic%20Economics%20Revisited.pdf http://irep.iium.edu.my/64944/7/64944_Method%20and%20substance%20of%20islamic%20economics%20revisited_SCOPUS.pdf
first_indexed	2023-09-18T21:32:10Z
last_indexed	2023-09-18T21:32:10Z
_version_	1777412583186235392

Method and substance of Islamic economics revisited

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