Appraisal of the status on research on labor economics in the islamic framework

Other Title(s)

تقييم حالة البحث في اقتصاديات العمل في الإطار الإسلامي

Author

Azid, Tawsif

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

25

Main Subjects

Islamic Studies

English Abstract

This paper reviews the literature related to the concept and nature of labour in an Islamic perspective which was published during the last thirty years.

This review guides us that the labour market in Islam is governed by the Islamic laws of fairness, justice and reward that is equivalent to the job done.

It has been also observed through literature survey that most of the conventional concepts, like theory of labour value, have been developed by earlier Muslim jurists.

On the other hand it is also observed that most of the works in this area discussed the normative aspect of the labor market whereas few attempts can be seen discussing the positive aspect.

The review of literature guides us that there is a need of the time to develop the new theoretical and empirical models for the Islamic labour market, which should be different than the conventional one.

This paper also proposed some strategies for the development of new models for the Islamic labor market which should be compatible with the modern world.

Language

English

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Data Type

Book chapters

Notes

Includes bibliographical references : p. 215-222

Record ID

BIM-858112