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Islamic Financial Economy and Islamic Banking

Authors: Masudul Alam Choudhury Publisher: Taylor and Francis Publication date: 2016 Publication language: Angielski Number of pages: 275 Publication formats: EAN: 9781317112303 DOI: 10.4324/9781315590011 ISBN: 9781317112303 Category: Banking Publisher's index: 9781315590011 Bibliographic note: -

Description

Islamic Financial Economy and Islamic Banking, is a thorough, deeply conceptual, analytical and applied work in the area of epistemological foundation of Islamic world-system.


The book presents a new frontier of original contribution to the theme of generalized-system model of shari’ah. The model, derived from the Qur’an and Sunnah (Prophetic guidance) incorporates a wide analytical coverage of the purpose and objective of the Islamic worldview (maqasid as-shari’ah) in Islamic economics and finance in particular.


The author covers issues that contrast with the existing understanding of Islamic economics and finance, including some specific goals defining the field and how they compare in today’s unstable world of financial volatility. A new heterodox thinking in economic theory is outlined. The potential as to how such issues can be addressed by the Tawhidi epistemology in formulating the generalized-system model of the purpose and objective of shari’ah lead the way in this book.


Its presentation and analysis, methods and approach, overarch the fields of philosophy of science, rigorous analysis, mathematical and other presentations of the understanding given, and all taken up in the light of the exegesis of the Qur’an and coverage of the Sunnah. The result is a substantive one in the field of scholarship and application; and in analytically proving the universality and uniqueness of the epistemic worldview for the academic and practitioner world at large. The totality of the multiverse diversity of issues and problems reviewed comprise the study of the world-system by the Tawhidi methodological approach. Yet this methodology and its empirical configuration are universally applicable to all users without any need for unnecessary religious overtone.

TOC

  • Cover 2
  • Half Title 3
  • Series information 4
  • Title Page 5
  • Copyright Page 6
  • Table of Contents 7
  • List of Figures 9
  • List of Tables 11
  • Preface 12
  • Prologue 14
  • Introduction: The Nature of Islamic Financial Economics in the Tawhidi Methodological Framework 17
    • Introducing the Tawhidi epistemology in developing the theory of financial economics 17
    • What is Islamic financial economy? 18
    • The epistemological nature of Islamic financial economics 18
    • Understanding the knowledge, space, and time dimensions in universal evanescent Tawhidi law 19
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