Islamic Participatory Instruments and the Ethical Dimensions

Masudul Alam Choudhury

Chapter 5 in Methodological Dimension of Islamic Economics, 2019, pp 131-159 from World Scientific Publishing Co. Pte. Ltd.

Abstract: The following sections are included:IntroductionBackgroundObjectiveCritical methodological issues of Islamic Economics and FinanceThe inference derived from Islamic bank financing on the ethical frontExercise 1The principle of pervasive complementarities applied to Islamic financial instrumentsThe true nature of Islamic economic and financial studiesHow do we get to the Tawhid methodological formulation from the imitative Islamic mainstream economic approach?Example 1A small amount of gold is required to maintain the value of monetary circulation in the real economyA Tawhidi epistemological application to unified Islamic financing portfolio: PF ModelExercise 2Stakeholding and shareholding in the PF for purposes of risk and production diversificationsExercise 3FTFC in the PF formalismConclusionReferences

Keywords: Epistemic and Economics; Economic Theory; Economic Analysis; Applications; Comparative Economics (search for similar items in EconPapers)
JEL-codes: F63 N01 P26 P51 (search for similar items in EconPapers)
Date: 2019
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