Who is homo Islamicus ? : a Qurʾanic perspective on the economic agent in Islamic economics

Joint Authors

Echchabi, Abd al-Ghani
Furqani, Hafas

Source

ISRA International Journal of Islamic Finance

Issue

Vol. 14, Issue 2 (31 Aug. 2022), pp.206-220, 15 p.

Publisher

International Shari'ah Research Academy for Islamic Finance

Publication Date

2022-08-31

Country of Publication

Malaysia

No. of Pages

15

Main Subjects

Economy and Commerce
Islamic Studies

Abstract EN

Purpose :This paper aims to explain the nature of the economic agent in Islamic economics.

He is commonly referred to as Homo Islamicus.

Design/methodology/approach :This is done by deriving the concept from the Qurʾān as the primary epistemological source in Islamic economics.

The paper, thus, attempts to explore the message of the Qurʾān and internalize its concepts and values in their totality into the conception of the economic agent from an Islamic perspective.

Findings : The paper brings an insight regarding the nature of the economic agent in Islamic perspective.

The concept of the economic agent that is developed from the Qurʾānic teachings will be useful in developing assumptions and theories in Islamic economics.

Research limitations/implications : This paper explores the normative behavioral framework of man from the Qurʾānic perspective (i.e.

what is expected of man) in order to serve as the basis on which assumptions, concepts and theories could be produced and applied in real life.

Further studies could extend the discussion by examining the application of the concepts in practice.

Practical implications : This paper promotes a normative behavioral framework that could be the basis in developing the body of knowledge of Islamic economics.

Originality/value : This paper promotes a concept of the economic agent in Islamic perspective, termed as Homo Islamicus, who is going to portray Islamic ethical teachings in economic actions.

The paper brought insights from the Qurʾānic teachings and principles in developing the concept of Homo Islamicus who will be the representative agent in theorizing Islamic economics

American Psychological Association (APA)

Furqani, Hafas& Echchabi, Abd al-Ghani. 2022. Who is homo Islamicus ? : a Qurʾanic perspective on the economic agent in Islamic economics. ISRA International Journal of Islamic Finance،Vol. 14, no. 2, pp.206-220.
https://search.emarefa.net/detail/BIM-1429457

Modern Language Association (MLA)

Furqani, Hafas& Echchabi, Abd al-Ghani. Who is homo Islamicus ? : a Qurʾanic perspective on the economic agent in Islamic economics. ISRA International Journal of Islamic Finance Vol. 14, no. 2 (2022), pp.206-220.
https://search.emarefa.net/detail/BIM-1429457

American Medical Association (AMA)

Furqani, Hafas& Echchabi, Abd al-Ghani. Who is homo Islamicus ? : a Qurʾanic perspective on the economic agent in Islamic economics. ISRA International Journal of Islamic Finance. 2022. Vol. 14, no. 2, pp.206-220.
https://search.emarefa.net/detail/BIM-1429457

Data Type

Journal Articles

Language

English

Notes

Includes bibliographical references : p. 218-220

Record ID

BIM-1429457