A Model for Islamic Development: An Approach in Islamic Moral Economy (Studies in Islamic Finance, Accounting and Governance series)

Synopsis

This book explores and analyses economic development within Islamic Moral Economy (IME), which is proposed as an alternative economic and social system to capitalism and socialism. It presents a new model of Islamic development based on the substantive morality of Islam via micro dynamics expressed through an Islamic framework of spiritual development. Shafiullah Jan and Mehmet Asutay argue that the observed development failures of Muslim countries to provide basic necessities and an environment free of oppression and injustice can be overcome with an authentic Islamic development framework and its corresponding value system explored in the book, rather than the existing Eurocentric theory and policy making. In addition, it identifies the theological, political, social and economic boundaries for changing society to produce IME oriented development. Utilising a novel approach to development in Islam, through its substantive ethical and moral framework, the authors critically examine and evaluate the progress of Islamic banking and finance institutions in relation to its aspirations as identified by IME. Advanced Islamic economics and finance scholars will find this a useful source as it explores the intersection between Islamic development and the moral economy. The book will also be a valuable reference for those seeking to align public policies with ethical and moral Islamic frameworks.

Copyright:

2019

Book Details

Book Quality:

Publisher Quality

Book Size:

240 Pages

ISBN-13:

9781788116732

Related ISBNs:

9781788116725

Publisher:

Edward Elgar Publishing

Date of Addition:

09/25/20

Copyrighted By:

N/A

Adult content:

No

Language:

English

Has Image Descriptions:

No

Categories:

Nonfiction, Religion and Spirituality, Business and Finance, Social Studies

Submitted By:

Bookshare Staff

Usage Restrictions:

This is a copyrighted book.