Economic consumption model revisited: infaq model based on al-Shaybani's levels of al-Kasb
This study attempts to investigate the economic ideas of al-Imām MuÍammad Ibn al-×asan al-Shaybānī (1986), focusing on his levels of al-Kasb. The study uses al-Shaybānī’s levels of al-Kasb to develop a theoretical Infāq model that integrates the material, spiritual, moral, social and legal dimension...
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| Format: | Article |
| Language: | English |
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KENMS-IIUM Press
2011
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| Online Access: | http://irep.iium.edu.my/28905/1/International_Journal_Of_Economics%2C_Management%2C_And_Accounting_%28Inside%29.pdf |
| _version_ | 1825647140528979968 |
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| author | Mohammed, Mustafa Omar |
| author_facet | Mohammed, Mustafa Omar |
| author_sort | Mohammed, Mustafa Omar |
| collection | IIUM |
| description | This study attempts to investigate the economic ideas of al-Imām MuÍammad Ibn al-×asan al-Shaybānī (1986), focusing on his levels of al-Kasb. The study uses al-Shaybānī’s levels of al-Kasb to develop a theoretical Infāq model that integrates the material, spiritual, moral, social and legal dimensions. Thus the Infāq model is broader than the concept of consumption in modern economics. It also has some advantages over the Islamic consumption models developed by contemporary Muslim economists. The model identifies some major implications in terms of basic needs fulfillment, social Infāq and distributive justice. The primary features of this model are its simplicity and comprehensiveness. It is easy to understand yet it embodies the individual, social, material, spiritual, moral and legal dimensions into the individual’s spending decision making and behavior. The model is more realistic in understanding human behavior. It is growth friendly and instills the spirit of cooperation and social responsibility at the individual and social levels. It is suggested that future research further fine tune with some rigourous analysis
JEL Classification: A13, A31, B11, D01, D10
Key words: Al-Kasb, Consumption, Infāq, Model building |
| first_indexed | 2024-03-05T23:13:12Z |
| format | Article |
| id | oai:generic.eprints.org:28905 |
| institution | International Islamic University Malaysia |
| language | English |
| last_indexed | 2024-03-05T23:13:12Z |
| publishDate | 2011 |
| publisher | KENMS-IIUM Press |
| record_format | dspace |
| spelling | oai:generic.eprints.org:289052015-11-01T01:05:18Z http://irep.iium.edu.my/28905/ Economic consumption model revisited: infaq model based on al-Shaybani's levels of al-Kasb Mohammed, Mustafa Omar HB75 History of economics. History of economic theory HB801 Consumption. Demand This study attempts to investigate the economic ideas of al-Imām MuÍammad Ibn al-×asan al-Shaybānī (1986), focusing on his levels of al-Kasb. The study uses al-Shaybānī’s levels of al-Kasb to develop a theoretical Infāq model that integrates the material, spiritual, moral, social and legal dimensions. Thus the Infāq model is broader than the concept of consumption in modern economics. It also has some advantages over the Islamic consumption models developed by contemporary Muslim economists. The model identifies some major implications in terms of basic needs fulfillment, social Infāq and distributive justice. The primary features of this model are its simplicity and comprehensiveness. It is easy to understand yet it embodies the individual, social, material, spiritual, moral and legal dimensions into the individual’s spending decision making and behavior. The model is more realistic in understanding human behavior. It is growth friendly and instills the spirit of cooperation and social responsibility at the individual and social levels. It is suggested that future research further fine tune with some rigourous analysis JEL Classification: A13, A31, B11, D01, D10 Key words: Al-Kasb, Consumption, Infāq, Model building KENMS-IIUM Press 2011 Article PeerReviewed application/pdf en http://irep.iium.edu.my/28905/1/International_Journal_Of_Economics%2C_Management%2C_And_Accounting_%28Inside%29.pdf Mohammed, Mustafa Omar (2011) Economic consumption model revisited: infaq model based on al-Shaybani's levels of al-Kasb. IIUM Journal of Economics and Management, 19 (1). pp. 115-132. ISSN 1394-7680 http://journals.iium.edu.my/enmjournal/index.php/enmj |
| spellingShingle | HB75 History of economics. History of economic theory HB801 Consumption. Demand Mohammed, Mustafa Omar Economic consumption model revisited: infaq model based on al-Shaybani's levels of al-Kasb |
| title | Economic consumption model revisited: infaq model based on al-Shaybani's levels of al-Kasb |
| title_full | Economic consumption model revisited: infaq model based on al-Shaybani's levels of al-Kasb |
| title_fullStr | Economic consumption model revisited: infaq model based on al-Shaybani's levels of al-Kasb |
| title_full_unstemmed | Economic consumption model revisited: infaq model based on al-Shaybani's levels of al-Kasb |
| title_short | Economic consumption model revisited: infaq model based on al-Shaybani's levels of al-Kasb |
| title_sort | economic consumption model revisited infaq model based on al shaybani s levels of al kasb |
| topic | HB75 History of economics. History of economic theory HB801 Consumption. Demand |
| url | http://irep.iium.edu.my/28905/1/International_Journal_Of_Economics%2C_Management%2C_And_Accounting_%28Inside%29.pdf |
| work_keys_str_mv | AT mohammedmustafaomar economicconsumptionmodelrevisitedinfaqmodelbasedonalshaybanislevelsofalkasb |