Islamic Economics: Is It A Doctrine or A Science?

Hafas Furqani ()
Additional contact information
Hafas Furqani: Faculty of Islamic Economics and Business Universitas Islam Negeri Ar-Raniry 23111 Banda Aceh INDONESIA

Jurnal Ekonomi Malaysia, 2021, vol. 55, issue 2, 137-144

Abstract: The paper aims at reviewing the arguments of Islamic economics scholars in clarifying the nature of Islamic economics as a doctrine or a science. This papers attempts to integrate the two perspective of doctrine and scientific dimensions in Islamic economics. This is done by arguing that Islamic economics is developed based on Islamic doctrine on economics and attempts to manifest the doctrine in practical realities. It is found that the practical reality is actually the manifestation of doctrine, and vice versa, hence doctrine must find its foot in the practical realm. Therefore, Islamic economics as a discipline has a root in the Islamic doctrine of economics. It also has a scientific element because it studies the practical realities in the light of doctrine. This would implicate to the extension of the scope of Islamic economics as a science which is not only concern on normative judgments but also in empirical realm.

Keywords: Islamic economics; doctrine; epistemology; realities; science (search for similar items in EconPapers)
JEL-codes: A11 A12 A13 B40 Z12 (search for similar items in EconPapers)
Date: 2021
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
http://www.ukm.my/jem/wp-content/uploads/2021/10/jeko_552-11.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:ukm:jlekon:v:55:y:2021:i:2:p:137-144

DOI: 10.17576/JEM-2021-5502-11

Access Statistics for this article

More articles in Jurnal Ekonomi Malaysia from Faculty of Economics and Business, Universiti Kebangsaan Malaysia Contact information at EDIRC.
Bibliographic data for series maintained by Muhammad Asri Abd Ghani ().