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Islamic Economics Institute
Document Details
Document Type
:
Article In Conference
Document Title
:
The Ethical Rules for Research in Islamic Economics
قواعد البحث الأخلاقية في الاقتصاد الإسلامي
Subject
:
The Ethical Rules for Research in Islamic Economics
Document Language
:
English
Abstract
:
Research in Islamic economics is still at a nascent state. It is confined mainly to banking and finance, preoccupied primarily with getting around the Quranic prohibition on riba and utilizing zakat and waqf as public sector resources. These is hardly any research on comparative analysis of investor’s satisfaction for choosing Islamic banking over non-Islamic banking or other broader economic issues under the two system. Research in Islamic economics ought to focus on the fundamental goals of an Islamic society in material as well as non-material terms. The ethical standards call for getting the priorities right in selecting the research agenda. For this it is necessary to be clear about what an Islamic economy is all about and how it is different from a non-Islamic economy. It is best achieved, this paper argues, by constructing a comprehensive analytical framework where material and non-material elements are integrated both in formulating the objective function to be optimized, implementing the activities to achieve them and evaluating the results of the effort. Such a tentative framework is presented with a simple diagram and some explanatory notes. A number of gaps in existing Islamic research are identified. To put Islamic economic research on the right track three main action programs are recommended for OIC, IDB and King Abdul Aziz University.
Conference Name
:
7th International Conference on Islamic Economics
Duration
:
From : 24-3-1429 AH - To : 26-3-1429 AH
From : 1-3-2008 AD - To : 3-3-2008 AD
Publishing Year
:
1429 AH
2008 AD
Number Of Pages
:
10
Article Type
:
Article
Conference Place
:
King Abdulaziz University, Jeddah
Organizing Body
:
Islamic Economics Research Center
Added Date
:
Thursday, July 1, 2010
Researchers
Researcher Name (Arabic)
Researcher Name (English)
Researcher Type
Dr Grade
Email
منور حسين
Hossain, Monowar
Researcher
Doctorate
Files
File Name
Type
Description
27253.pdf
pdf
The Ethical Rules for Research in Islamic Economics
Back To Researches Page