 Foundational challenges in the construction of an Islamic economics disciplineHafas Furqani International Journal of Pluralism and Economics Education, 2015, vol. 6, issue 4, 324-339 Abstract: Islamic economics is challenged in whether it can be called a discipline in the sense of having a clear subject-matter, methodology to appraise theories, a well-organised body of knowledge and systematic accumulation of knowledge. Islamic economics is still in the formative stage as a discipline, and many fundamental issues need to be addressed by the scientific community. This paper identifies several challenges to be answered by the Islamic economic scientific community in order to develop a discipline of Islamic economics. Embarking from the Islamic worldview that provides foundations in our understanding of economic phenomena, we must develop the conceptual foundations, conceptual scheme, key-terminologies, methodology to appraise and evaluate theory, and an Islamic ethics framework. The answer to those challenges will determine the scientific direction of Islamic economics, ensure a sustainable growth of knowledge and expedite the evolutional process of Islamic economics becoming a distinct discipline. Keywords: Islamic economics; Islamic worldview; foundations; discipline; knowledge accumulation; Islamic finance; Islamic ethics. (search for similar items in EconPapers) Downloads: (external link) Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:ids:ijplur:v:6:y:2015:i:4:p:324-339 Access Statistics for this article More articles in International Journal of Pluralism and Economics Education from Inderscience Enterprises Ltd |
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