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A Model for Islamic Development - An Approach in Islamic Moral Economy (Hardcover)
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A Model for Islamic Development - An Approach in Islamic Moral Economy (Hardcover)
Series: Studies in Islamic Finance, Accounting and Governance series
Expected to ship within 12 - 17 working days
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This book explores and analyses economic development within Islamic
Moral Economy (IME), which is proposed as an alternative economic
and social system to capitalism and socialism. It presents a new
model of Islamic development based on the substantive morality of
Islam via micro dynamics expressed through an Islamic framework of
spiritual development. Shafiullah Jan and Mehmet Asutay argue that
the observed development failures of Muslim countries to provide
basic necessities and an environment free of oppression and
injustice can be overcome with an authentic Islamic development
framework and its corresponding value system explored in the book,
rather than the existing Eurocentric theory and policy making. In
addition, it identifies the theological, political, social and
economic boundaries for changing society to produce IME oriented
development. Utilising a novel approach to development in Islam,
through its substantive ethical and moral framework, the authors
critically examine and evaluate the progress of Islamic banking and
finance institutions in relation to its aspirations as identified
by IME. Advanced Islamic economics and finance scholars will find
this a useful source as it explores the intersection between
Islamic development and the moral economy. The book will also be a
valuable reference for those seeking to align public policies with
ethical and moral Islamic frameworks.
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