Duality of sources in Islamic economics, and its methodological consequences position paper

Other Title(s)

ثنائية مصادر المعرفة في علم الاقتصاد الإسلامي و نتائجها المنهجية" : ورقة موقف

Author

al-Zarqa, Muhammad Anas

Source

The 7th International Conference in Islamic economics : thirty years of research in islamic economics solutions and applications of contermporary economic issues 24-26 Rabie Awal 1429 H 1-3 April 2008 G.

Publisher

King Abdulaziz University Islamic Economics Institute

Publication Date

2008-04-30

Country of Publication

Saudi Arabia

No. of Pages

15

Main Subjects

Islamic Studies

English Abstract

Islamic economics as a discipline relies on two bases: traditional economics, and Islamic Shari'ah and its Fiqh.

This duality in sources has methodological consequences that this paper addresses, such as: mistakes resulting from insufficiency of knowledge of either basis.

Islamic economics should study, in Shari'ah framework, all available economic knowledge, human behavior and policies, even those not conforming to Shari'ah.

Study in Shari'ah framework is achieved by explaining how each economic question relates to each element of an Islamic economic system, and what issues does each of these elements raise in economic theory or practice.

Also addressed is the fact that economic knowledge is rarely certain, evolves over time, and is occasionally at variance with Shari'ah? The paper concretizes all issues with specific examples.

Language

English

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Data Type

Book chapters

Notes

Text in English ; abstracts in English and Arabic.

Record ID

BIM-858076