Is Morality-Based Islamic Economics an Answer to the Global Financial Crisis? by: Jean-Yves Moisseron, comment هل الاقتصاد الإسلامي القائم على الأخلاق هو الحل للأزمة المالية العالمية؟ جان ايف مويسرون - تعليق

Jean-Yves Moisseron () and Frédéric Teulon
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Jean-Yves Moisseron: Researcher in economics at the Research Institute for Development and he teaches at the University Paris 1 Panthéon-Sorbonne and the School of Higher Studies in Social Sciences.

Journal of King Abdulaziz University: Islamic Economics, 2014, vol. 27, issue 1, 125-138

Abstract: The title of the paper deals with an important issue: Is moral Islamic economics an answer to the global financial crisis? When we look at the literature, we do not have too much to say to answer this question. It is first very rare to have a negative answer. Muslim economists would not answer this question in the negative and those who think that way will not publish their views. Positive answers can be found but once again they are often partisan answers based on the a priori belief that Islam is the solution for everything( ). If Islam is a solution, then logically Islamic finance is the solution for the financial crisis; charity is the solution for poverty, Islamic ethics concerning the environment is an answer to the climatic change and so on. Such a partisan point of view is hardly acceptable for the non-Muslim world. --

Date: 2014
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Persistent link: https://EconPapers.repec.org/RePEc:abd:kauiea:v:27:y:2014:i:1:no:5:p:125-138

DOI: 10.4197/Islec.27-1.5

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