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The labor market in Islam is governed by the Islamic laws of
fairness, justice, and reward that is equivalent to the job done.
Most of the literature in the field discusses the normative aspect
of the labor market, whereas few attempts can be seen to address
more positive aspects. There is a need for new theoretical and
empirical models for the Islamic labor market, which should differ
from established approaches. This book provides a comprehensive
overview of the nature, scope, and dimensions of the labor market
in an Islamic context, from both theoretical and practical
perspectives. It presents and discusses labor economics and then
compares the similarities and differences between conventional and
Islamic views of the labor market, explaining where they meet, and
critically justifying why they differ, under the umbrella of
Shari'ah. The book raises pertinent issues, which it analyzes from
both standpoints and widens the discourse to include norms,
morality, and related institutions such as social security and
welfare. A unique feature of the book is that it examines labor
economics practices among a specific group of countries, and
studies the labor conditions within these countries, where the
majority of the population follow the teachings of Islam in their
daily lives. The book proposes practical strategies for the
development of new models for the Islamic labor market which are
compatible with the modern world. The book will enable academics
and practitioners of Islamic economics to make economic sense of
Shari'ah compliance and human resource development.
This book addresses current practices related to sustainable
development, its challenges and the future. People belonging to
different genders regardless of their age, social class and
education should be equal as citizens and individuals, and
identical in their rights and responsibilities. The business
sector, authorities, societies and religious circles have the
potential to play a fundamental role in curbing social ills and the
degradation of the environment in this modern world. The authors of
this book argue that without good governance, the status of a human
being is unlikely to improve. They make the case that to achieve
sustainability, government, society and the economy must ensure a
platform for people to participate in decision-making and benefit
from the rights they are accorded. By covering a range of
perspectives across economic, social and moral life, the book will
shed light on the problems and possible solutions to sustainable
development and the triple bottom line, of people, planet and
profit, under the umbrella of morals and divine law. This will be a
useful guide for undergraduate and postgraduate students across
multiple disciplines, such as economics, religious studies,
business studies, political science, anthropology and sociology.
The labor market in Islam is governed by the Islamic laws of
fairness, justice, and reward that is equivalent to the job done.
Most of the literature in the field discusses the normative aspect
of the labor market, whereas few attempts can be seen to address
more positive aspects. There is a need for new theoretical and
empirical models for the Islamic labor market, which should differ
from established approaches. This book provides a comprehensive
overview of the nature, scope, and dimensions of the labor market
in an Islamic context, from both theoretical and practical
perspectives. It presents and discusses labor economics and then
compares the similarities and differences between conventional and
Islamic views of the labor market, explaining where they meet, and
critically justifying why they differ, under the umbrella of
Shari'ah. The book raises pertinent issues, which it analyzes from
both standpoints and widens the discourse to include norms,
morality, and related institutions such as social security and
welfare. A unique feature of the book is that it examines labor
economics practices among a specific group of countries, and
studies the labor conditions within these countries, where the
majority of the population follow the teachings of Islam in their
daily lives. The book proposes practical strategies for the
development of new models for the Islamic labor market which are
compatible with the modern world. The book will enable academics
and practitioners of Islamic economics to make economic sense of
Shari'ah compliance and human resource development.
This book addresses current practices related to sustainable
development, its challenges and the future. People belonging to
different genders regardless of their age, social class and
education should be equal as citizens and individuals, and
identical in their rights and responsibilities. The business
sector, authorities, societies and religious circles have the
potential to play a fundamental role in curbing social ills and the
degradation of the environment in this modern world. The authors of
this book argue that without good governance, the status of a human
being is unlikely to improve. They make the case that to achieve
sustainability, government, society and the economy must ensure a
platform for people to participate in decision-making and benefit
from the rights they are accorded. By covering a range of
perspectives across economic, social and moral life, the book will
shed light on the problems and possible solutions to sustainable
development and the triple bottom line, of people, planet and
profit, under the umbrella of morals and divine law. This will be a
useful guide for undergraduate and postgraduate students across
multiple disciplines, such as economics, religious studies,
business studies, political science, anthropology and sociology.
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