The role of Abu Ḥanifah’s trade life in the modern economic thought

Practical life experiences of economists play a great role in creating economic theories for a prudent society. Isolated ideas from the life of an economist would not find acceptance therefore an analysis of Abū Ḥanīfah’s trade life, which gave him an intensively absorbed knowledge of how to deal wi...

Full description

Bibliographic Details
Main Authors: Kayadibi, Saim, Belem, Moctar
Format: Book Chapter
Language:English
Published: IIUM Press 2011
Subjects:
Online Access:http://irep.iium.edu.my/17304/
http://irep.iium.edu.my/17304/1/6-TheroleofAbuHanifah.pdf
_version_ 1848778023968440320
author Kayadibi, Saim
Belem, Moctar
author_facet Kayadibi, Saim
Belem, Moctar
author_sort Kayadibi, Saim
building IIUM Repository
collection Online Access
description Practical life experiences of economists play a great role in creating economic theories for a prudent society. Isolated ideas from the life of an economist would not find acceptance therefore an analysis of Abū Ḥanīfah’s trade life, which gave him an intensively absorbed knowledge of how to deal with the common practices and needs of the people and newly-occurring problems of daily life. This research aims to investigate the role of Abū Ḥanīfah’s trade life and how his daily life experiences helped to materialize a manner of addressing economic issues. Many modern economic theories and banking systems have been influenced by Muslim economists and one of them was Abū Ḥanīfah. Investigating his practical experiences in trade life may contribute new understanding to modern economic thought. Global economists should possess both an ethical and practical comprehension of economics and finance rather than having solely theoretical knowledge. This has been exemplified in Malaysia, a country which is becoming a centre of Islamic Banking and Finance activities. New economists are in need of a more pragmatic and ethical comprehension of economic life in order to develop discreet view on Economic and Finance issues faced particularly by the Muslim community in the world.
first_indexed 2025-11-14T14:55:18Z
format Book Chapter
id iium-17304
institution International Islamic University Malaysia
institution_category Local University
language English
last_indexed 2025-11-14T14:55:18Z
publishDate 2011
publisher IIUM Press
recordtype eprints
repository_type Digital Repository
spelling iium-173042013-02-22T02:33:40Z http://irep.iium.edu.my/17304/ The role of Abu Ḥanifah’s trade life in the modern economic thought Kayadibi, Saim Belem, Moctar HG Finance Practical life experiences of economists play a great role in creating economic theories for a prudent society. Isolated ideas from the life of an economist would not find acceptance therefore an analysis of Abū Ḥanīfah’s trade life, which gave him an intensively absorbed knowledge of how to deal with the common practices and needs of the people and newly-occurring problems of daily life. This research aims to investigate the role of Abū Ḥanīfah’s trade life and how his daily life experiences helped to materialize a manner of addressing economic issues. Many modern economic theories and banking systems have been influenced by Muslim economists and one of them was Abū Ḥanīfah. Investigating his practical experiences in trade life may contribute new understanding to modern economic thought. Global economists should possess both an ethical and practical comprehension of economics and finance rather than having solely theoretical knowledge. This has been exemplified in Malaysia, a country which is becoming a centre of Islamic Banking and Finance activities. New economists are in need of a more pragmatic and ethical comprehension of economic life in order to develop discreet view on Economic and Finance issues faced particularly by the Muslim community in the world. IIUM Press 2011-12 Book Chapter PeerReviewed application/pdf en http://irep.iium.edu.my/17304/1/6-TheroleofAbuHanifah.pdf Kayadibi, Saim and Belem, Moctar (2011) The role of Abu Ḥanifah’s trade life in the modern economic thought. In: Pool Finance Economic System: Law, Democracy, Alliance of Civilization. IIUM Press, Kuala Lumpur, pp. 217-246. ISBN 9789674181215 (In Press)
spellingShingle HG Finance
Kayadibi, Saim
Belem, Moctar
The role of Abu Ḥanifah’s trade life in the modern economic thought
title The role of Abu Ḥanifah’s trade life in the modern economic thought
title_full The role of Abu Ḥanifah’s trade life in the modern economic thought
title_fullStr The role of Abu Ḥanifah’s trade life in the modern economic thought
title_full_unstemmed The role of Abu Ḥanifah’s trade life in the modern economic thought
title_short The role of Abu Ḥanifah’s trade life in the modern economic thought
title_sort role of abu ḥanifah’s trade life in the modern economic thought
topic HG Finance
url http://irep.iium.edu.my/17304/
http://irep.iium.edu.my/17304/1/6-TheroleofAbuHanifah.pdf