The Call for Islamic Economics: Shades of Contestation

This paper attempts to highlight some of the criticisms made against the ideas of Islamic economics. The discourse of Islamic economics is relatively recent, although its expression could be traced to more than five decades ago. Today there are countless discussions and affirmations for Islamic econ...

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Main Author: Azhar Ibrahim
Format: Article
Language:English
Published: IAIN Surakarta 2017-09-01
Series:Shirkah
Subjects:
Online Access:http://shirkah.or.id/new-ojs/index.php/home/article/download/163/28
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author Azhar Ibrahim
author_facet Azhar Ibrahim
author_sort Azhar Ibrahim
collection DOAJ
description This paper attempts to highlight some of the criticisms made against the ideas of Islamic economics. The discourse of Islamic economics is relatively recent, although its expression could be traced to more than five decades ago. Today there are countless discussions and affirmations for Islamic economics, coming from both experts in the area of economy and Islamic legal thought, apart from the many journalistic advocacy type that is enamored by the call for the establishment of Islamic economics, or at least the Islamic banking. While there is much celebration to this idea, the criticism against it is far less and hardly noticeable. To date, Timur Kuran and to some extent Nazih Ayubi have been vocal in highlighting the rhetorics and the insubstantiality of the idea of Islamic economics.
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spelling doaj.art-9a4aeaf8358e498f8ae108bdae59d01a2023-01-02T16:28:18ZengIAIN SurakartaShirkah2503-42352503-42432017-09-012216719810.22515/shirkah.v2i2.163The Call for Islamic Economics: Shades of ContestationAzhar Ibrahim 0Department of Malay Studies, National University of Singapore This paper attempts to highlight some of the criticisms made against the ideas of Islamic economics. The discourse of Islamic economics is relatively recent, although its expression could be traced to more than five decades ago. Today there are countless discussions and affirmations for Islamic economics, coming from both experts in the area of economy and Islamic legal thought, apart from the many journalistic advocacy type that is enamored by the call for the establishment of Islamic economics, or at least the Islamic banking. While there is much celebration to this idea, the criticism against it is far less and hardly noticeable. To date, Timur Kuran and to some extent Nazih Ayubi have been vocal in highlighting the rhetorics and the insubstantiality of the idea of Islamic economics.http://shirkah.or.id/new-ojs/index.php/home/article/download/163/28Islamic economicsIslamic identitysharia
spellingShingle Azhar Ibrahim
The Call for Islamic Economics: Shades of Contestation
Shirkah
Islamic economics
Islamic identity
sharia
title The Call for Islamic Economics: Shades of Contestation
title_full The Call for Islamic Economics: Shades of Contestation
title_fullStr The Call for Islamic Economics: Shades of Contestation
title_full_unstemmed The Call for Islamic Economics: Shades of Contestation
title_short The Call for Islamic Economics: Shades of Contestation
title_sort call for islamic economics shades of contestation
topic Islamic economics
Islamic identity
sharia
url http://shirkah.or.id/new-ojs/index.php/home/article/download/163/28
work_keys_str_mv AT azharibrahim thecallforislamiceconomicsshadesofcontestation
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