Powered by OpenAIRE graph
Found an issue? Give us feedback
ZENODOarrow_drop_down
ZENODO
Article . 2023
License: CC BY
Data sources: Datacite
ZENODO
Article . 2023
License: CC BY
Data sources: Datacite
versions View all 2 versions
addClaim

This Research product is the result of merged Research products in OpenAIRE.

You have already added 0 works in your ORCID record related to the merged Research product.

Economic Theology of Islam

Authors: khan, Muhammad Akram; Hassan, M. Kabir;

Economic Theology of Islam

Abstract

Often, the literature revolving around Islamic Economics centers to a Muslim audience. However, the root theory from the authentic scriptures (Qur’an and Hadith) addressed economic ideals within the interfaith society at its time. When observed further, this paper connects well-known macroeconomic and microeconomic theories within the principles of Islamic Economics. Through the values and ethics that define Islam, society and its individuals must strive to embody such disciplines of love, integrity, perseverance, gratitude, humbleness, patience, and sound decision-making. These disciplines happen to be the overarching theme within the scriptural foundation of Islamic Economics. The paper further reasons that these values can create a natural order within economies and financial markets. The equitable and transparent information market and sustainable transfer of wealth can create an organic and naturally flowing system, as dictated by the original “invisible hand” theory in economics.

Keywords

Economic History, Islamic Economics, Theology

  • BIP!
    Impact byBIP!
    citations
    This is an alternative to the "Influence" indicator, which also reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
    0
    popularity
    This indicator reflects the "current" impact/attention (the "hype") of an article in the research community at large, based on the underlying citation network.
    Average
    influence
    This indicator reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
    Average
    impulse
    This indicator reflects the initial momentum of an article directly after its publication, based on the underlying citation network.
    Average
Powered by OpenAIRE graph
Found an issue? Give us feedback
citations
This is an alternative to the "Influence" indicator, which also reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
BIP!Citations provided by BIP!
popularity
This indicator reflects the "current" impact/attention (the "hype") of an article in the research community at large, based on the underlying citation network.
BIP!Popularity provided by BIP!
influence
This indicator reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
BIP!Influence provided by BIP!
impulse
This indicator reflects the initial momentum of an article directly after its publication, based on the underlying citation network.
BIP!Impulse provided by BIP!
0
Average
Average
Average
Upload OA version
Are you the author? Do you have the OA version of this publication?