The Assumption of Unlimited Human Wants (AUHW) in Islamic Economics

Purpose: This study examines the assumption of unlimited human wants in Islamic economics where tasawur is brought into play. Design/methodology/approach: Drawing from the analytical approach, the present study presents new concepts of unlimited human wants. The assumpion of unlimited human wants...

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Main Authors: Mohd Zulkifli Muhammad, Hanudin Amin, Dzulkifli Mukhtar, Shah Iskandar Fahmie Ramlee, Noormariana Mohd Din
Format: Article
Language:English
English
Published: 2020
Subjects:
Online Access:https://eprints.ums.edu.my/id/eprint/26225/1/The%20Assumption%20of%20Unlimited%20Human%20Wants%20%28AUHW%29%20in%20Islamic%20Economics.pdf
https://eprints.ums.edu.my/id/eprint/26225/2/The%20Assumption%20of%20Unlimited%20Human%20Wants%20%28AUHW%29%20in%20Islamic%20Economics1.pdf
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author Mohd Zulkifli Muhammad
Hanudin Amin
Dzulkifli Mukhtar
Shah Iskandar Fahmie Ramlee
Noormariana Mohd Din
author_facet Mohd Zulkifli Muhammad
Hanudin Amin
Dzulkifli Mukhtar
Shah Iskandar Fahmie Ramlee
Noormariana Mohd Din
author_sort Mohd Zulkifli Muhammad
collection UMS
description Purpose: This study examines the assumption of unlimited human wants in Islamic economics where tasawur is brought into play. Design/methodology/approach: Drawing from the analytical approach, the present study presents new concepts of unlimited human wants. The assumpion of unlimited human wants (AUHW) was taken by Islamic economists and therefore altered and assimilated with Islamic elements so that it can be known as the assumption of Islamic economics. The question is, does the assumption of AUHW accept in Islamic economics? If fits, what are the assumptions of unlimited human wants parallel with Islamic tasawur? The data employed were drawn from Library research. The contents and textual analyses were employed to achieve this purpose. Findings: This study found out that the assumption of AUHW was parallel with tasawur and for that, they are suitable for Islamic economics. Research limitations/implications: This study examines a new approach to measure unlimited human wants in Islamic context. Our contributions are confined to this area – human wants. Our study also limits its perspective on the general context of tasawur. Future works can provide specific perspectives on unlimited human wants covering different geographies. Practical implications: This study provides a new parameter for Muslims to manager their resources according to Islam. Originality/value: This study introduces a new measure of addressing unlimited human wants among Muslims.
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spelling ums.eprints-262252020-10-30T00:52:54Z https://eprints.ums.edu.my/id/eprint/26225/ The Assumption of Unlimited Human Wants (AUHW) in Islamic Economics Mohd Zulkifli Muhammad Hanudin Amin Dzulkifli Mukhtar Shah Iskandar Fahmie Ramlee Noormariana Mohd Din BP Islam. Bahaism. Theosophy, etc HB Economic theory. Demography Purpose: This study examines the assumption of unlimited human wants in Islamic economics where tasawur is brought into play. Design/methodology/approach: Drawing from the analytical approach, the present study presents new concepts of unlimited human wants. The assumpion of unlimited human wants (AUHW) was taken by Islamic economists and therefore altered and assimilated with Islamic elements so that it can be known as the assumption of Islamic economics. The question is, does the assumption of AUHW accept in Islamic economics? If fits, what are the assumptions of unlimited human wants parallel with Islamic tasawur? The data employed were drawn from Library research. The contents and textual analyses were employed to achieve this purpose. Findings: This study found out that the assumption of AUHW was parallel with tasawur and for that, they are suitable for Islamic economics. Research limitations/implications: This study examines a new approach to measure unlimited human wants in Islamic context. Our contributions are confined to this area – human wants. Our study also limits its perspective on the general context of tasawur. Future works can provide specific perspectives on unlimited human wants covering different geographies. Practical implications: This study provides a new parameter for Muslims to manager their resources according to Islam. Originality/value: This study introduces a new measure of addressing unlimited human wants among Muslims. 2020 Article PeerReviewed text en https://eprints.ums.edu.my/id/eprint/26225/1/The%20Assumption%20of%20Unlimited%20Human%20Wants%20%28AUHW%29%20in%20Islamic%20Economics.pdf text en https://eprints.ums.edu.my/id/eprint/26225/2/The%20Assumption%20of%20Unlimited%20Human%20Wants%20%28AUHW%29%20in%20Islamic%20Economics1.pdf Mohd Zulkifli Muhammad and Hanudin Amin and Dzulkifli Mukhtar and Shah Iskandar Fahmie Ramlee and Noormariana Mohd Din (2020) The Assumption of Unlimited Human Wants (AUHW) in Islamic Economics. International Journal of Advanced Science and Technology, 29 (4). pp. 3646-3662. ISSN 2005-4238
spellingShingle BP Islam. Bahaism. Theosophy, etc
HB Economic theory. Demography
Mohd Zulkifli Muhammad
Hanudin Amin
Dzulkifli Mukhtar
Shah Iskandar Fahmie Ramlee
Noormariana Mohd Din
The Assumption of Unlimited Human Wants (AUHW) in Islamic Economics
title The Assumption of Unlimited Human Wants (AUHW) in Islamic Economics
title_full The Assumption of Unlimited Human Wants (AUHW) in Islamic Economics
title_fullStr The Assumption of Unlimited Human Wants (AUHW) in Islamic Economics
title_full_unstemmed The Assumption of Unlimited Human Wants (AUHW) in Islamic Economics
title_short The Assumption of Unlimited Human Wants (AUHW) in Islamic Economics
title_sort assumption of unlimited human wants auhw in islamic economics
topic BP Islam. Bahaism. Theosophy, etc
HB Economic theory. Demography
url https://eprints.ums.edu.my/id/eprint/26225/1/The%20Assumption%20of%20Unlimited%20Human%20Wants%20%28AUHW%29%20in%20Islamic%20Economics.pdf
https://eprints.ums.edu.my/id/eprint/26225/2/The%20Assumption%20of%20Unlimited%20Human%20Wants%20%28AUHW%29%20in%20Islamic%20Economics1.pdf
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