Developing the ethical foundations of Islamic economics: benefitting from Toshihiko Izutsu

Toshihiko Izutsu (1914-1993) is among the few 20th Century scholars who attempt to derive ethical principles of Islam from the Qur´Én by applying semantic analysis of Qur´Énic terms/concepts. Can his approach contribute to the development of an Islamic science in general, and of Islamic economics in...

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Main Authors: Haneef, Mohamed Aslam, Furqani, Hafas
Format: Article
Language:English
Published: IIUM Press 2009
Subjects:
Online Access:http://irep.iium.edu.my/12791/1/66.pdf
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author Haneef, Mohamed Aslam
Furqani, Hafas
author_facet Haneef, Mohamed Aslam
Furqani, Hafas
author_sort Haneef, Mohamed Aslam
collection IIUM
description Toshihiko Izutsu (1914-1993) is among the few 20th Century scholars who attempt to derive ethical principles of Islam from the Qur´Én by applying semantic analysis of Qur´Énic terms/concepts. Can his approach contribute to the development of an Islamic science in general, and of Islamic economics in particular, especially in the endeavour to establish the ethical principles of Islamic economics? In this paper, we scrutinise Izutsu’s two works on God and Man in the Qur´an (2002) and Ethico-Religious Concepts in the Qur´an (2004 to derive relevant Islamic values from the Qur´Én that could form the ethical base of Islamic economic theories as well as policy prescriptions. In particular, the concept of man as khalÊfah-Ñabd is seen as having significant ethical implications on how economics and economic decision-making would be developed.
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spelling oai:generic.eprints.org:127912011-12-23T05:10:29Z http://irep.iium.edu.my/12791/ Developing the ethical foundations of Islamic economics: benefitting from Toshihiko Izutsu Haneef, Mohamed Aslam Furqani, Hafas BP173.75 Islam and economics HB Economic Theory Toshihiko Izutsu (1914-1993) is among the few 20th Century scholars who attempt to derive ethical principles of Islam from the Qur´Én by applying semantic analysis of Qur´Énic terms/concepts. Can his approach contribute to the development of an Islamic science in general, and of Islamic economics in particular, especially in the endeavour to establish the ethical principles of Islamic economics? In this paper, we scrutinise Izutsu’s two works on God and Man in the Qur´an (2002) and Ethico-Religious Concepts in the Qur´an (2004 to derive relevant Islamic values from the Qur´Én that could form the ethical base of Islamic economic theories as well as policy prescriptions. In particular, the concept of man as khalÊfah-Ñabd is seen as having significant ethical implications on how economics and economic decision-making would be developed. IIUM Press 2009 Article NonPeerReviewed application/pdf en http://irep.iium.edu.my/12791/1/66.pdf Haneef, Mohamed Aslam and Furqani, Hafas (2009) Developing the ethical foundations of Islamic economics: benefitting from Toshihiko Izutsu. Intellectual Discourse, 17 (2). pp. 173-199. ISSN 0128-4878 http://www.iium.edu.my/intdiscourse/index.php/islam/article/view/77/66
spellingShingle BP173.75 Islam and economics
HB Economic Theory
Haneef, Mohamed Aslam
Furqani, Hafas
Developing the ethical foundations of Islamic economics: benefitting from Toshihiko Izutsu
title Developing the ethical foundations of Islamic economics: benefitting from Toshihiko Izutsu
title_full Developing the ethical foundations of Islamic economics: benefitting from Toshihiko Izutsu
title_fullStr Developing the ethical foundations of Islamic economics: benefitting from Toshihiko Izutsu
title_full_unstemmed Developing the ethical foundations of Islamic economics: benefitting from Toshihiko Izutsu
title_short Developing the ethical foundations of Islamic economics: benefitting from Toshihiko Izutsu
title_sort developing the ethical foundations of islamic economics benefitting from toshihiko izutsu
topic BP173.75 Islam and economics
HB Economic Theory
url http://irep.iium.edu.my/12791/1/66.pdf
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