Crisis in Islamic Economics : Diagnosis and Prescriptions = أزمة الاقتصاد الإسلامي : التشخيص و الحلول

Zaman , Asad

doi:10.4197 / Islec. 25-1.6

Article Details

Crisis in Islamic Economics : Diagnosis and Prescriptions = أزمة الاقتصاد الإسلامي : التشخيص و الحلول

Authors:

Zaman , Asad

Publisher:

King Abdulaziz University : Scientific Publishing Centre

Main Topics:

Islam

Journal:

Journal of King Abdulaziz University: Islamic Economics 2012 Vol.25 Issue 1, pp.143-166

Document Type:

Article

Publication Date:

1/2012

Document Language:

English

Document ID (Org No.):

86990

Frequency:

Bi-Annual

eISSN:

16584244

pISSN:

10187383

DOI:

10.4197 / Islec. 25-1.6

Descriptors:

Keywords:

Abstract:

 There is substantial evidence that the development of the discipline of Islamic Economics is currently in crisis. In this article we argue that the main reason for this is that most Muslim economists have accepted too many of the ideas of Western economists uncritically. The methodological framework, and underlying assumptions are wrong, and in conflict with Islamic views. This conflict has not been recognized, and the attempt to combine contradictory bodies of knowledge has failed. We also present alternative foundations on which a genuine Islamic economic theory could be constructed.

 هناك شواهد كثيرة تؤكد أن الاقتصاد الإسلامي يعاني من أزمة حاليا. وهذا المقال يرجع السبب الرئيسي لهذه الأزمة إلى أن معظم الاقتصاديين المسلمين قد قبلوا كثيرا من أفكار الاقتصاديين الغربيين بدون نقد لها، في الوقت الذي كان الإطار المنهجي والافتراضات الغربية غير صحيحة وتتعارض مع وجهة النظر الإسلامية، ولم يتم التعرف على هذا التناقض، وفشلت المحاولات لدمج تلك المعارف المتناقضة. ويعرض المقال أسسًا بديلة يمكن بموجبها بناء نظرية اقتصادية إسلامية.

Article Details

Crisis in Islamic Economics : Diagnosis and Prescriptions = أزمة الاقتصاد الإسلامي : التشخيص و الحلول

Authors:

Zaman , Asad

Publisher:

King Abdulaziz University : Scientific Publishing Centre

Main Topics:

Islam

Journal:

Journal of King Abdulaziz University: Islamic Economics 2012 Vol.25 Issue 1, pp.143-166

Document Type:

Article

Publication Date:

1/2012

Document Language:

English

Document ID (Org No.):

86990

Frequency:

Bi-Annual

eISSN:

16584244

pISSN:

10187383

DOI:

10.4197 / Islec. 25-1.6

Descriptors:

ECONOMIC CONDITIONS

ECONOMISTS

ECONOMIC THEORY

ECONOMIC GROWTH

ARAB COUNTRIES

Islamization of Knowledge

Islamic Economics

Economic Methodology

Issues

Article Details

Authors: Zaman , Asad

Publisher: King Abdulaziz University : Scientific Publishing Centre

Main Topics: Islam

Journal: Journal of King Abdulaziz University: Islamic Economics 2012 Vol.25 Issue 1, pp.143-166

Document Type: Article

Publication Date: 1/2012

Document Language: English

Document ID (Org No.): 86990

Frequency: Bi-Annual

eISSN: 16584244

pISSN: 10187383

DOI: 10.4197 / Islec. 25-1.6

Descriptors:

Issues

Authors:

Zaman , Asad

Publisher:

King Abdulaziz University : Scientific Publishing Centre

Main Topics:

Islam

Journal:

Journal of King Abdulaziz University: Islamic Economics 2012 Vol.25 Issue 1, pp.143-166

Document Type:

Article

Publication Date:

1/2012

Document Language:

English

Document ID (Org No.):

86990

Frequency:

Bi-Annual

eISSN:

16584244

pISSN:

10187383

DOI:

10.4197 / Islec. 25-1.6