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Methodology of integrated knowledge in Islamic economics and finance : collective ijtihad
Joint Authors
Akhmetova, Elmira
Rafikov, Ildus
Source
ISRA International Journal of Islamic Finance
Issue
Vol. 12, Issue 1 (30 Apr. 2020), pp.115-129, 15 p.
Publisher
International Shari'ah Research Academy for Islamic Finance
Publication Date
2020-04-30
Country of Publication
Malaysia
No. of Pages
15
Main Subjects
Financial and Accounting Sciences
Abstract EN
Purpose – The purpose of this paper is to discuss the methodology of integrated knowledge in Islamic economics and finance and seek to offer collective ijtihad as one way to find solutions to the existing problems in the field.
Design/methodology/approach – The study is based on the idea of multidisciplinarity or interdisciplinarity, which uses not only traditional sources of Islam and economics, such as u sūl al-fiqh, fiqh mu’amalat, econometrics, statistics, microeconomics and macroeconomics but also looks into behavioural and natural sciences for inspiration and solutions.
This paper is constructed using the methodology of “the two readings”, as promoted by the International Institute of Islamic Thought, and which combines the revealed and the existential sciences.
Findings – This paper proposes the collaborative multidisciplinary methodology as the main approach to studying the modern problems and challenges, as well as for finding solutions in the fields of Islamic economics and finance.
Practical implications – Studying and researching issues, particularly in the field of Islamic economics and finance, from an interdisciplinary perspective, effectively broadens practical applications and possibilities in Islamic finance.
Originality/value – This paper contributes to social sciences, especially the field of Islamic finance, and calls upon researchers to engage in multidisciplinary studies.
American Psychological Association (APA)
Rafikov, Ildus& Akhmetova, Elmira. 2020. Methodology of integrated knowledge in Islamic economics and finance : collective ijtihad. ISRA International Journal of Islamic Finance،Vol. 12, no. 1, pp.115-129.
https://search.emarefa.net/detail/BIM-1429328
Modern Language Association (MLA)
Rafikov, Ildus& Akhmetova, Elmira. Methodology of integrated knowledge in Islamic economics and finance : collective ijtihad. ISRA International Journal of Islamic Finance Vol. 12, no. 1 (2020), pp.115-129.
https://search.emarefa.net/detail/BIM-1429328
American Medical Association (AMA)
Rafikov, Ildus& Akhmetova, Elmira. Methodology of integrated knowledge in Islamic economics and finance : collective ijtihad. ISRA International Journal of Islamic Finance. 2020. Vol. 12, no. 1, pp.115-129.
https://search.emarefa.net/detail/BIM-1429328
Data Type
Journal Articles
Language
English
Notes
Includes bibliographical references : p. 127-129
Record ID
BIM-1429328