Rethinking the structure of Islamic economics: the economic man imperative

The end of value-free economics presents a positive outlook for Islamic economics. Nonetheless, progress is only viable when this discipline has a solid scientific structure. Thus, this paper aims to highlight the economic man imperative in projecting Islamic economics as a normal science. This pape...

Full description

Bibliographic Details
Main Author:	Mohd Yusop, Mohd Mahyudi
Format:	Conference or Workshop Item
Language:	English English
Published:	2016
Subjects:	BP1 Islam BP173.75 Islam and economics HB71 Economics as a science
Online Access:	http://irep.iium.edu.my/57857/ http://irep.iium.edu.my/57857/ http://irep.iium.edu.my/57857/1/camera%20ready%20universal%20man%20ICIEF%202016-360.pdf http://irep.iium.edu.my/57857/7/57857_Rethinking%20the%20structure%20of%20Islamic%20economics.pdf

id	iium-57857
recordtype	eprints
spelling	iium-578572017-08-03T07:02:19Z http://irep.iium.edu.my/57857/ Rethinking the structure of Islamic economics: the economic man imperative Mohd Yusop, Mohd Mahyudi BP1 Islam BP173.75 Islam and economics HB71 Economics as a science The end of value-free economics presents a positive outlook for Islamic economics. Nonetheless, progress is only viable when this discipline has a solid scientific structure. Thus, this paper aims to highlight the economic man imperative in projecting Islamic economics as a normal science. This paper first explores Islamic economics’ current state of readiness to fulfill its promising future. Unfortunately, the authoritative view is that Islamic economics is not in proper order. Consequently, Arif’s (1985a and 1985b) Islamic economics scientific structure is utilized to locate that stage which requires serious improvement. At the basis of micro-foundation stage, the economic man imperative emerges out of this identification exercise. Thus, the most important implication here is the replacement of homo Islamicus with the concept of ‘universal man’ which proffers several advantages. Apart from the other stages in the structure, this ‘universal man’ needs immediate refinement to strengthen the edifice of Islamic economics science. 2016-10-11 Conference or Workshop Item NonPeerReviewed application/pdf en http://irep.iium.edu.my/57857/1/camera%20ready%20universal%20man%20ICIEF%202016-360.pdf application/pdf en http://irep.iium.edu.my/57857/7/57857_Rethinking%20the%20structure%20of%20Islamic%20economics.pdf Mohd Yusop, Mohd Mahyudi (2016) Rethinking the structure of Islamic economics: the economic man imperative. In: 11th International Conference on Islamic Economics and Finance (ICIEF), 11th-13th October 2016, Kuala Lumpur. (Unpublished) https://submit.confbay.com/download/ICIEF_2016_Programme_Book_11th_ICIEF_2016_gdPEH05dUq.pdf
repository_type	Digital Repository
institution_category	Local University
institution	International Islamic University Malaysia
building	IIUM Repository
collection	Online Access
language	English English
topic	BP1 Islam BP173.75 Islam and economics HB71 Economics as a science
spellingShingle	BP1 Islam BP173.75 Islam and economics HB71 Economics as a science Mohd Yusop, Mohd Mahyudi Rethinking the structure of Islamic economics: the economic man imperative
description	The end of value-free economics presents a positive outlook for Islamic economics. Nonetheless, progress is only viable when this discipline has a solid scientific structure. Thus, this paper aims to highlight the economic man imperative in projecting Islamic economics as a normal science. This paper first explores Islamic economics’ current state of readiness to fulfill its promising future. Unfortunately, the authoritative view is that Islamic economics is not in proper order. Consequently, Arif’s (1985a and 1985b) Islamic economics scientific structure is utilized to locate that stage which requires serious improvement. At the basis of micro-foundation stage, the economic man imperative emerges out of this identification exercise. Thus, the most important implication here is the replacement of homo Islamicus with the concept of ‘universal man’ which proffers several advantages. Apart from the other stages in the structure, this ‘universal man’ needs immediate refinement to strengthen the edifice of Islamic economics science.
format	Conference or Workshop Item
author	Mohd Yusop, Mohd Mahyudi
author_facet	Mohd Yusop, Mohd Mahyudi
author_sort	Mohd Yusop, Mohd Mahyudi
title	Rethinking the structure of Islamic economics: the economic man imperative
title_short	Rethinking the structure of Islamic economics: the economic man imperative
title_full	Rethinking the structure of Islamic economics: the economic man imperative
title_fullStr	Rethinking the structure of Islamic economics: the economic man imperative
title_full_unstemmed	Rethinking the structure of Islamic economics: the economic man imperative
title_sort	rethinking the structure of islamic economics: the economic man imperative
publishDate	2016
url	http://irep.iium.edu.my/57857/ http://irep.iium.edu.my/57857/ http://irep.iium.edu.my/57857/1/camera%20ready%20universal%20man%20ICIEF%202016-360.pdf http://irep.iium.edu.my/57857/7/57857_Rethinking%20the%20structure%20of%20Islamic%20economics.pdf
first_indexed	2018-09-07T07:43:17Z
last_indexed	2018-09-07T07:43:17Z
_version_	1610933807741927424

Rethinking the structure of Islamic economics: the economic man imperative

Similar Items