Rethinking the structure of Islamic economics science: The universal 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 at highlighting the economic man imperative in projecting Islamic economics as a normal science. This p...
| Main Authors: | , |
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| Format: | Article |
| Language: | English |
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2017
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| Subjects: | |
| Online Access: | http://irep.iium.edu.my/58286/ http://irep.iium.edu.my/58286/1/my%20UNIVERSAL%20MAN%20IMPERATIVE.pdf |
| _version_ | 1848785083896430592 |
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| author | Mohd, Mahyudi Abdul Aziz, Enizahura |
| author_facet | Mohd, Mahyudi Abdul Aziz, Enizahura |
| author_sort | Mohd, Mahyudi |
| building | IIUM Repository |
| collection | Online Access |
| 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 at highlighting 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 significant advantages. Apart from the other stages in the structure, this ‘universal man’ needs immediate refinement to strengthen the edifice of Islamic economics science. |
| first_indexed | 2025-11-14T16:47:31Z |
| format | Article |
| id | iium-58286 |
| institution | International Islamic University Malaysia |
| institution_category | Local University |
| language | English |
| last_indexed | 2025-11-14T16:47:31Z |
| publishDate | 2017 |
| recordtype | eprints |
| repository_type | Digital Repository |
| spelling | iium-582862018-01-12T07:15:16Z http://irep.iium.edu.my/58286/ Rethinking the structure of Islamic economics science: The universal man imperative Mohd, Mahyudi Abdul Aziz, Enizahura HB Economic Theory 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 at highlighting 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 significant advantages. Apart from the other stages in the structure, this ‘universal man’ needs immediate refinement to strengthen the edifice of Islamic economics science. 2017 Article PeerReviewed application/pdf en http://irep.iium.edu.my/58286/1/my%20UNIVERSAL%20MAN%20IMPERATIVE.pdf Mohd, Mahyudi and Abdul Aziz, Enizahura (2017) Rethinking the structure of Islamic economics science: The universal man imperative. International Journal of Economics, Management and Accounting, 25 (2 (Special Issue)). pp. 227-251. ISSN 2462-1420 http://journals.iium.edu.my/enmjournal/index.php/enmj/article/view/487 |
| spellingShingle | HB Economic Theory HB71 Economics as a science Mohd, Mahyudi Abdul Aziz, Enizahura Rethinking the structure of Islamic economics science: The universal man imperative |
| title | Rethinking the structure of Islamic economics science: The universal man imperative |
| title_full | Rethinking the structure of Islamic economics science: The universal man imperative |
| title_fullStr | Rethinking the structure of Islamic economics science: The universal man imperative |
| title_full_unstemmed | Rethinking the structure of Islamic economics science: The universal man imperative |
| title_short | Rethinking the structure of Islamic economics science: The universal man imperative |
| title_sort | rethinking the structure of islamic economics science: the universal man imperative |
| topic | HB Economic Theory HB71 Economics as a science |
| url | http://irep.iium.edu.my/58286/ http://irep.iium.edu.my/58286/ http://irep.iium.edu.my/58286/1/my%20UNIVERSAL%20MAN%20IMPERATIVE.pdf |