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Interrogating the development and conceptual framework of economic
thought in the Islamic tradition pertaining to ethical,
philosophical, and theological ideas, this book provides a critique
of modern Islamic economics as a hybrid economic system. From the
outset, Sami Al-Daghistani is concerned with the polyvalent
methodology of studying the phenomenon of Islamic economic thought
as a human science in that it nurtures a complex plentitude of
meanings and interpretations associated with the moral self. By
studying legal scholars, theologians, and Sufis in the classical
period, Al-Daghistani looks at economic thought in the context of
Shari'a's moral law. Alongside critiquing modern developments of
Islamic economics, he puts forward an idea for a plural
epistemology of Islam's moral economy, which advocates for a
multifaceted hermeneutical reading of the subject in light of a
moral law, embedded in a particular cosmology of human
relationality, metaphysical intelligibility, and economic
subjectivity.
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