The Foundations of Islamic Political Economy

The Foundations of Islamic Political Economy

The book can be seen to exist in two interrelated parts, one concerning the theory of Islamic political economy, the other the policy content of such a theory. The theory of Islamic political economy is here explained in terms of the ...

Author: Masudul Alam Choudhury

Publisher: Springer

ISBN: 9781349219735

Category: Business & Economics

Page: 336

View: 447

This rigorously written book on the areas of Islamic principle theory and application is expected to break new ground in modern economic analysis, both for the Islamically inclined and others. The main features of the book include analytical treatments of the essential axioms and instruments of Islamic Political Economy, their expected application, and a comparative perspective both in respect to contemporary Islamic literature as well as comparative economic theory.
Categories: Business & Economics

Studies in Islamic Political Science

Studies in Islamic Political Science

Masudul Alam Choudhury shows that the contribution which Islamic political economy can make requires a study first of epistemological principles, about the purpose and sources of knowledge, the role of reason and the relationship between ...

Author: M. Choudhury

Publisher: Springer

ISBN: 9780230378032

Category: Business & Economics

Page: 210

View: 573

There has been a great revival of interest in recent years in the concerns of Islamic political economy after several hundred years of hiatus in its long history. The independence of Muslim countries and the revival of Islamic movements around the world have been among the factors encouraging new interest among the Muslims and others in how economies and economic theory can be brought into line with the Islamic vision of a just society. Masudul Alam Choudhury shows that the contribution which Islamic political economy can make requires a study first of epistemological principles, about the purpose and sources of knowledge, the role of reason and the relationship between self-and social-interest in human affairs. The conclusions which arise from this analysis - about the role and limits of markets, the goal of combining efficiency and equity and the means of doing so with state provision of welfare everywhere in crisis - will prove illuminating to all of those interested in Islamic studies and political economy as well as to other observers and analysts of contemporary society.
Categories: Business & Economics

Foundations of Islamic Governance

Foundations of Islamic Governance

The Islamic Vision of Development in the Light of Maqasid al-Shari'ah. London, Washington: International Institute of Islamic Thought. Choudhury, Malik (1992). The Foundations of Islamic Political Economy. London and St. Martin Press, ...

Author: Maszlee Malik

Publisher: Routledge

ISBN: 9781315414638

Category: Political Science

Page: 280

View: 820

The aim of this book is to explore and analyze the Islamic axioms, foundation principles and values underpinning the field of governance in an attempt to construct the architectonics of a new systemic and dynamic theory and formulate the articulation of ‘Islamic governance’. This discursive and abstract, rather than being an empirical exercise, assumes to produce a ‘good governance’ framework within its own formulation through a value-shaped dynamic model according to maqasid al-Shari’ah (higher objective of Shari’ah) by going beyond the narrow remit of classical and contemporary discussions produced on the topic, which propose a certain institutional model of governance based on the classical juristic (fiqh) method. Through an exclusive analytical discursive approach in this book, readers will find that Islam as one of the major religions in the contemporary world with the claim of promising the underpinning principles and philosophical foundations of worldly affairs and institutions through a micro method of producing homoIslamicus could contribute towards development of societies by establishing a unique model of governance from its explicit ontological worldview through a directed descriptive epistemology.
Categories: Political Science

The Foundations of Islamic Economics and Banking

The Foundations of Islamic Economics and Banking

Baqr Al-Sadr believes that Islamic economics form a political economy as long as “we assume a certain social and economic paradigm based on certain foundations, and then we explain this assumed paradigm and explore its general ...

Author: Abdulrahman Haitham Shoukat Kabbara

Publisher: Partridge Singapore

ISBN: 9781482899221

Category: Business & Economics

Page: 218

View: 491

The first part of this book is designed to display the sources and principles of economics and trade transactions in the Islamic community. It analyzes the judicial injunctions against riba and proves that riba including interest is prohibited. Basing the argument on theoretical (Quran and Sunna) as well as the customary practice during the life of the messenger of God in Mekka and Al-Madina. Notably, the Islamic teachings covers both the worldly and religious affairs. This is a very revealing indication that "Islam" does not only regulate the relations of the human beings with God, but also extends to regulating (i) the relationship of the ruler with the ruled through "al-shura", and (ii) economic and financial transactions in the market. Notable among these transactions: a) the abolition of riba and instigating interest-free economy, (b) providing the basic needs of society, (c) achieving social justice by applying zakat levy and other ordinances, and last but not least inheritance law and redistribution of State land for public benefits. the second and third part of the book explains and proves that prohibition of riba does not circumvent trade or paralyze the economy. On the contrary by eliminating injustice inherent in riba, the banking system will be liberated from discrepancies and the economy will perform more efficiently by mitigating the evils of riba.
Categories: Business & Economics

Encyclopedia of Political Economy A K

Encyclopedia of Political Economy  A K

A contemporary advocate of such a definition of Islamic political economy is Masudul Alam Choudhury of the ... Choudhury , M.A. and Malik , U.A. ( 1992 ) The Foundations of Islamic Political Economy , New York : St Martin's Press and ...

Author: Phillip Anthony O'Hara

Publisher: Psychology Press

ISBN: 0415187176

Category: Economics

Page: 1302

View: 877

Categories: Economics

Encyclopedia of Political Economy

Encyclopedia of Political Economy

Islamic political economy is the study of institutional and socioeconomic forces in the light of pervasively ... Choudhury, M.A. and Malik, U.A. (1992) The Foundations of Islamic Political Economy, New York: St Martin's Press and ...

Author: Phillip O'Hara

Publisher: Routledge

ISBN: 9781134734900

Category: Business & Economics

Page: 1360

View: 306

This groundbreaking Encyclopedia is the very first fully-refereed A-Z compendium of the main principles, concepts, problems, institutions, schools and policies associated with political economy. Based on developments in political economy since the 1960s, it is designed to provide a comprehensive introduction to the field as well as being an authoritative reference work. Undergraduates taking courses in political economy or graduate students coming to the field for the first time will rely on this work as a key point of reference and for direction in their further reading. This lucid work compares for the first time the disparate theories of political economy (e.g, Marxist, Feminist, Sraffian etc.) and emphasizes the application of their principles to real world problems such as inflation, unemployment, development and financial instability. The extensive international team of consultants and contributors has produced a monumental work with truly global perspective.
Categories: Business & Economics

The Political Economy of Muslim Countries

The Political Economy of Muslim Countries

The formation is based on the welfare and justice of the ihvan, in the Islamic world. It therefore has different foundations from a Western capitalist typology of political economy based on the efficient functioning of market mechanisms ...

Author: Özgür Ünal Eriş

Publisher: Cambridge Scholars Publishing

ISBN: 9781527515437

Category: Political Science

Page: 208

View: 180

The book looks in detail at the economic conditions of Muslim countries specifically, offering a thorough political analysis at the same time. It focuses on a broad range of economic factors and takes into consideration reports such as the World Development Index. It explores striking differences and similarities among carefully chosen Muslim countries. Mainly because of its broad use of different disciplines, it will be of interest to students of political science, economics and history.
Categories: Political Science

The Islamic Quarterly

The Islamic Quarterly

“ The Structure of Islamic Economics : A Comparative Perspective in Markets , Ethics and Economics ” , Markets , Consumption and Culture ... The Foundation of Islamic Political Economy , London , Eng : Macmillan New York : St Martin's .

Author:

Publisher:

ISBN: STANFORD:36105113211770

Category: Civilization, Islamic

Page:

View: 861

Categories: Civilization, Islamic

Money in Islam

Money in Islam

A Study in Islamic Political Economy Masudul A. Choudhury. Choudhury, M.A.1995b The Epistemological Foundations of Islamic Economics, Social and Scientific Order, 6 Vols., Ankara, Turkey: Statistical, Economic and Social Research and ...

Author: Masudul A. Choudhury

Publisher: Routledge

ISBN: 9781134714452

Category: Business & Economics

Page: 336

View: 556

This volume takes a unique and challenging look at how money has operated in Islamic society and at how Islamic theoretical frameworks have influenced perceptions of money. The author draws upon historical, data and policy analysis to present a comparative study of monetary theories, including recent treatment of money by Islamic economists. Discussion also covers the nature of joint venture, stock markets, banks and financial intermediaries, price stability and international trade. This work sheds pioneering light in this area, and will be of interest to academics, graduates and researchers internationally.
Categories: Business & Economics

American Journal of Islamic Social Sciences 13 3

American Journal of Islamic Social Sciences 13 3

K. Ahmad and Z. I. Ansari (Leicester, UK: The Islamic Foundation, 1979), 17-33. 3. ... The subject of the theory of Islamic political economy is developed at length in M. A. Choudhury, The Principles of Islamic Political Economy: A ...

Author: Tamara Sonn

Publisher: International Institute of Islamic Thought (IIIT)

ISBN:

Category:

Page: 180

View: 686

The American Journal of Islamic Social Sciences (AJISS), established in 1984, is a quarterly, double blind peer-reviewed and interdisciplinary journal, published by the International Institute of Islamic Thought (IIIT), and distributed worldwide. The journal showcases a wide variety of scholarly research on all facets of Islam and the Muslim world including subjects such as anthropology, history, philosophy and metaphysics, politics, psychology, religious law, and traditional Islam.
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