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Labor in an Islamic Setting - Theory and Practice (Hardcover)
Loot Price: R3,876
Discovery Miles 38 760
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Labor in an Islamic Setting - Theory and Practice (Hardcover)
Series: Islamic Business and Finance Series
Expected to ship within 12 - 17 working days
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The Islamic labor market rests on the principles of the free market
exchange of Islamic economics. Regrettably, the latter has failed
to keep pace with the rapidly growing academic and professional
developments of the former. Much of the published work within
Islamic economics is idealistic if not radically ideological with
little relevance to the Islamic labor market, leaving students of
Islamic economics without a coherent body of economic theory to
understand the practical objectives of Shariah that gives a sense
of direction to the developments in this field. Drawing upon
received sources of goals of Shariah, the authors present an
independent academic work which: Emphasizes the common conceptual
grounds of labor market behavior shared by the objectives of
Shariah approach as well as the conventional approach to economics.
Adopts standard tools of contemporary economics to explain the
industrial relations. Extends the conventional scope of the labor
market and forces of the labor market under the umbrella of
Shariah. Enables readers and practitioners of Islamic economics to
make economic sense of Shariah compliance and human resource
development. Explains how the economics of Shariah is liable to
offer moral guidance and a sense of direction to regulators and
practitioners of the Islamic labor market. Labor in an Islamic
Setting will be of interest to postgraduate students, academics,
middle and senior management in both the western and the Islamic
business communities, researchers and policy makers.
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