
Islamic Economics
Routledge (Publisher)
1st Edition
Published on 15. July 2013
Book
1872 pages
978-0-415-51960-1 (ISBN)
Description
The editors of this new collection write:
Western economists define economics as the branch of knowledge or science which investigates how scarce resources are best allocated into competing claims upon them. These claims are socially and culturally determined. Islamic economics and its principles have also developed from a specific set of social and cultural circumstances, but the key to the whole subject is the guidance given in the Prophetic scriptures. The tenets laid down in the Qur'an provided the basis for a comprehensive, and continuous, system of social and cultural, and hence also economic, behaviour, for which there is no Western equivalent.
This collection analyses the rationale of Islamic values and Islamic laws in economic activities. It examines how Islam has contributed several alternative values to business and economic policies in Muslim countries. Consideration is also given to how Islam can be considered as a universal system that can be applied to various economic policies, business strategies and government regulations.
Western economists define economics as the branch of knowledge or science which investigates how scarce resources are best allocated into competing claims upon them. These claims are socially and culturally determined. Islamic economics and its principles have also developed from a specific set of social and cultural circumstances, but the key to the whole subject is the guidance given in the Prophetic scriptures. The tenets laid down in the Qur'an provided the basis for a comprehensive, and continuous, system of social and cultural, and hence also economic, behaviour, for which there is no Western equivalent.
This collection analyses the rationale of Islamic values and Islamic laws in economic activities. It examines how Islam has contributed several alternative values to business and economic policies in Muslim countries. Consideration is also given to how Islam can be considered as a universal system that can be applied to various economic policies, business strategies and government regulations.
More details
Series
Language
English
Place of publication
London
United Kingdom
Publishing group
Taylor & Francis Ltd
Target group
College/higher education
Professional and scholarly
Dimensions
Height: 234 mm
Width: 156 mm
Weight
3492 gr
ISBN-13
978-0-415-51960-1 (9780415519601)
Copyright in bibliographic data and cover images is held by Nielsen Book Services Limited or by the publishers or by their respective licensors: all rights reserved.
Schweitzer Classification
Persons
Content
Volume I Evolution of Islamic Economics, Volume II Islamic Economics: Philosophical Foundations, Volume III Islamic Economics: Theories and Market Structure, Volume IV Islamic Economics: Micro and Macro Foundations