Economics and the Knowledge Crisis

Samir Alamad
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Samir Alamad: Coventry University

Chapter Chapter 10 in Beyond Profit, 2024, pp 183-204 from Springer

Abstract: Abstract This chapter offers a path forward for resolving the crisis in Islamic economics. It advocates for rejecting the uncritical acceptance of conventional economic ideas and, instead, developing a genuine Islamic economic theory firmly grounded in Islamic principles and values. By embracing this approach, Islamic economics can provide a distinct and valuable contribution to the field of economics, offering practical solutions that align with the aspirations of Muslim societies. This chapter serves as a beacon of hope for the future of Islamic economics.

Keywords: Knowledge crisis; Economic theory; Distinct contribution; Genuine approach; Principles and values (search for similar items in EconPapers)
Date: 2024
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Persistent link: https://EconPapers.repec.org/RePEc:spr:conchp:978-3-031-49748-3_10

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DOI: 10.1007/978-3-031-49748-3_10

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