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Towards a Maqasid al-Shari'ah Index of Socio-Economic Development - Theory and Application (Paperback, 1st ed. 2019)
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Towards a Maqasid al-Shari'ah Index of Socio-Economic Development - Theory and Application (Paperback, 1st ed. 2019)
Series: Palgrave Studies in Islamic Banking, Finance, and Economics
Expected to ship within 10 - 15 working days
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Islamic economics, which is a discipline for studying economic
behaviour from an Islamic perspective, advocates comprehensive
human development defined by advancement and progress in multiple
dimensions beyond GDP, income, or standard of living. Not only
should socio-economic progress be in all dimensions but it should
also have a higher purpose. A society is considered economically
and socially developed if adequate protections are provided for
faith, life, intellect, progeny, and wealth. This concept of
balanced progress itself is an important idea recognized by the
sociologists. However, the same has so far not been measured or
used in policy making by economists. Similarly, lack of adequate
protections in a society along these dimensions indicates poverty
which is another way of measuring slack in development. The
chapters in this edited volume deal with conceptualization of
socio-economic development on these lines, and show how to measure
socio-economic development in a comprehensive way. The book will be
of interest to academics in the fields of economics, economic
development, and Islamic economics. It will also be of interest to
policy makers engaged in economic development, social progress, and
poverty alleviation.
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