'True man': the true economic man for Islamic economics
As value-free economics is under serious attacks, Islamic economics seems to have a bright future. Unfortunately, Islamic economics is facing an identity-crisis. This paper seeks to perform an inspection on the conceptualization of the ‘Islamic economic man’ by employing a discursive method. This pa...
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| Format: | Article |
| Language: | English |
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Kolej Islam Darul Ridzuan, Perak
2015
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| Online Access: | http://irep.iium.edu.my/47396/ http://irep.iium.edu.my/47396/1/MahyudiGJATVol5Issue2p6372.pdf |
| _version_ | 1848783138484912128 |
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| author | Mohd, Mahyudi |
| author_facet | Mohd, Mahyudi |
| author_sort | Mohd, Mahyudi |
| building | IIUM Repository |
| collection | Online Access |
| description | As value-free economics is under serious attacks, Islamic economics seems to have a bright future. Unfortunately, Islamic economics is facing an identity-crisis. This paper seeks to perform an inspection on the conceptualization of the ‘Islamic economic man’ by employing a discursive method. This paper first provides a reality-check exercise which reveals that Islamic economics institution’s weak social performance originates from the absence of homo Islamicus. Thence, this paper searches for a universal truth about Muslims as economic agents. Surprisingly, this paper has found that they are neither homo Islamicus nor homo economicus. Thus, the most important implication of this paper is the replacement of homo Islamicus as the basis of the micro-foundation for Islamic economics. Instead, the concept of ‘true man’ is proposed. Therefore, future research may develop the specific details of this ‘true man’ for Islamic economics to be a more reliable social science. |
| first_indexed | 2025-11-14T16:16:35Z |
| format | Article |
| id | iium-47396 |
| institution | International Islamic University Malaysia |
| institution_category | Local University |
| language | English |
| last_indexed | 2025-11-14T16:16:35Z |
| publishDate | 2015 |
| publisher | Kolej Islam Darul Ridzuan, Perak |
| recordtype | eprints |
| repository_type | Digital Repository |
| spelling | iium-473962016-07-19T02:50:53Z http://irep.iium.edu.my/47396/ 'True man': the true economic man for Islamic economics Mohd, Mahyudi BP173.75 Islam and economics HB71 Economics as a science As value-free economics is under serious attacks, Islamic economics seems to have a bright future. Unfortunately, Islamic economics is facing an identity-crisis. This paper seeks to perform an inspection on the conceptualization of the ‘Islamic economic man’ by employing a discursive method. This paper first provides a reality-check exercise which reveals that Islamic economics institution’s weak social performance originates from the absence of homo Islamicus. Thence, this paper searches for a universal truth about Muslims as economic agents. Surprisingly, this paper has found that they are neither homo Islamicus nor homo economicus. Thus, the most important implication of this paper is the replacement of homo Islamicus as the basis of the micro-foundation for Islamic economics. Instead, the concept of ‘true man’ is proposed. Therefore, future research may develop the specific details of this ‘true man’ for Islamic economics to be a more reliable social science. Kolej Islam Darul Ridzuan, Perak 2015-12 Article PeerReviewed application/pdf en http://irep.iium.edu.my/47396/1/MahyudiGJATVol5Issue2p6372.pdf Mohd, Mahyudi (2015) 'True man': the true economic man for Islamic economics. Global Journal Al-Thaqafah, 5 (2). pp. 63-72. ISSN 2232-0474 E-ISSN 2232-0482 http://www.gjat.com |
| spellingShingle | BP173.75 Islam and economics HB71 Economics as a science Mohd, Mahyudi 'True man': the true economic man for Islamic economics |
| title | 'True man': the true economic man for Islamic economics |
| title_full | 'True man': the true economic man for Islamic economics |
| title_fullStr | 'True man': the true economic man for Islamic economics |
| title_full_unstemmed | 'True man': the true economic man for Islamic economics |
| title_short | 'True man': the true economic man for Islamic economics |
| title_sort | 'true man': the true economic man for islamic economics |
| topic | BP173.75 Islam and economics HB71 Economics as a science |
| url | http://irep.iium.edu.my/47396/ http://irep.iium.edu.my/47396/ http://irep.iium.edu.my/47396/1/MahyudiGJATVol5Issue2p6372.pdf |