Skip to main content Accessibility help

We use cookies to distinguish you from other users and to provide you with a better experience on our websites. Close this message to accept cookies or find out how to manage your cookie settings.

Close cookie message
×
Hostname: page-component-586b7cd67f-r5fsc Total loading time: 0 Render date: 2024-11-22T20:03:53.555Z Has data issue: false hasContentIssue false

4 - The Appraisal: Contemporary Islamic Economics and the Entrenchment of Modernity

Published online by Cambridge University Press:  01 November 2021

Sami Al-Daghistani
Sami Al-Daghistani
Affiliation:
Norwegian School of Theology, Religion and Society
Get access

Summary

Chapter 4 critiques contemporary Islamic economics as a disciplinary synthesis of Western economics and basic Islamic tenets. The first part of the chapter discusses the intricate relation between Sharīʿa and the field of economics in Islam by critiquing the legal premise of contemporary Islamic economics. The second part critically examines the Islamic economic project’s epistemology and methodology, and the amalgamation of the two epistemic systems: Islamic conceptual history and Western economic tradition. This composition provided Islamic economics with a hybrid framework, consisting of Islamic ethics and a neoclassical economic outlook.

Keywords

critiquesocial sciencesepistemology and methodology of economicshybrid framework
Type
Chapter
Information
The Making of Islamic Economic Thought
Islamization, Law, and Moral Discourses
 , pp. 221 - 255
Publisher: Cambridge University Press
Print publication year: 2022

Access options

Get access to the full version of this content by using one of the access options below. (Log in options will check for institutional or personal access. Content may require purchase if you do not have access.)

Save book to Kindle

To save this book to your Kindle, first ensure [email protected] is added to your Approved Personal Document E-mail List under your Personal Document Settings on the Manage Your Content and Devices page of your Amazon account. Then enter the ‘name’ part of your Kindle email address below. Find out more about saving to your Kindle.

Note you can select to save to either the @free.kindle.com or @kindle.com variations. ‘@free.kindle.com’ emails are free but can only be saved to your device when it is connected to wi-fi. ‘@kindle.com’ emails can be delivered even when you are not connected to wi-fi, but note that service fees apply.

Find out more about the Kindle Personal Document Service.

Available formats
×

Save book to Dropbox

To save content items to your account, please confirm that you agree to abide by our usage policies. If this is the first time you use this feature, you will be asked to authorise Cambridge Core to connect with your account. Find out more about saving content to Dropbox.

Available formats
×

Save book to Google Drive

To save content items to your account, please confirm that you agree to abide by our usage policies. If this is the first time you use this feature, you will be asked to authorise Cambridge Core to connect with your account. Find out more about saving content to Google Drive.

Available formats
×