Re-evaluation on assumptions in Islamic economics: a preliminary study
This paper is intended for a preliminary study in re-evaluating Islamic economics assumptions. The assumptions were based on the two common assumptions in economic system which includes scarcity of resources and humans unlimited wants. This paper analyses how far these assumptions in Islamic economi...
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Human Resource Management Academic Research Society
2018
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author | Muhammad, Mohd. Zulkifli Mohd. Rosdi, Mohd. Syakir Abdullah, Azwan Muhamad, Nasrul Hisyam Nor |
author_facet | Muhammad, Mohd. Zulkifli Mohd. Rosdi, Mohd. Syakir Abdullah, Azwan Muhamad, Nasrul Hisyam Nor |
author_sort | Muhammad, Mohd. Zulkifli |
collection | ePrints |
description | This paper is intended for a preliminary study in re-evaluating Islamic economics assumptions. The assumptions were based on the two common assumptions in economic system which includes scarcity of resources and humans unlimited wants. This paper analyses how far these assumptions in Islamic economics placed tawheed as their axis and aligned with tasawwur Islam. The analysis was done by studying opinions and views of several Islamic economists. Content analysis and literature review were utilized to reach this objective. From this preliminary study, it was found that the current assumptions in Islamic economics were not favouring towards the true concept of tawheed and tasawwur Islam. It implies the needs for a more comprehensive study to be done in order to come up with a new resolution on the real assumptions of Islamic economics. |
first_indexed | 2024-03-05T20:40:21Z |
format | Article |
id | utm.eprints-86908 |
institution | Universiti Teknologi Malaysia - ePrints |
last_indexed | 2024-03-05T20:40:21Z |
publishDate | 2018 |
publisher | Human Resource Management Academic Research Society |
record_format | dspace |
spelling | utm.eprints-869082020-10-22T04:13:28Z http://eprints.utm.my/86908/ Re-evaluation on assumptions in Islamic economics: a preliminary study Muhammad, Mohd. Zulkifli Mohd. Rosdi, Mohd. Syakir Abdullah, Azwan Muhamad, Nasrul Hisyam Nor BP Islam. Bahaism. Theosophy, etc HD28 Management. Industrial Management This paper is intended for a preliminary study in re-evaluating Islamic economics assumptions. The assumptions were based on the two common assumptions in economic system which includes scarcity of resources and humans unlimited wants. This paper analyses how far these assumptions in Islamic economics placed tawheed as their axis and aligned with tasawwur Islam. The analysis was done by studying opinions and views of several Islamic economists. Content analysis and literature review were utilized to reach this objective. From this preliminary study, it was found that the current assumptions in Islamic economics were not favouring towards the true concept of tawheed and tasawwur Islam. It implies the needs for a more comprehensive study to be done in order to come up with a new resolution on the real assumptions of Islamic economics. Human Resource Management Academic Research Society 2018 Article PeerReviewed Muhammad, Mohd. Zulkifli and Mohd. Rosdi, Mohd. Syakir and Abdullah, Azwan and Muhamad, Nasrul Hisyam Nor (2018) Re-evaluation on assumptions in Islamic economics: a preliminary study. International Journal of Academic Research in Business and Social Sciences, 8 (10). pp. 162-173. ISSN 2222-6990 http://dx.doi.org/10.6007/IJARBSS/v8-i10/4722 DOI:10.6007/IJARBSS/v8-i10/4722 |
spellingShingle | BP Islam. Bahaism. Theosophy, etc HD28 Management. Industrial Management Muhammad, Mohd. Zulkifli Mohd. Rosdi, Mohd. Syakir Abdullah, Azwan Muhamad, Nasrul Hisyam Nor Re-evaluation on assumptions in Islamic economics: a preliminary study |
title | Re-evaluation on assumptions in Islamic economics: a preliminary study |
title_full | Re-evaluation on assumptions in Islamic economics: a preliminary study |
title_fullStr | Re-evaluation on assumptions in Islamic economics: a preliminary study |
title_full_unstemmed | Re-evaluation on assumptions in Islamic economics: a preliminary study |
title_short | Re-evaluation on assumptions in Islamic economics: a preliminary study |
title_sort | re evaluation on assumptions in islamic economics a preliminary study |
topic | BP Islam. Bahaism. Theosophy, etc HD28 Management. Industrial Management |
work_keys_str_mv | AT muhammadmohdzulkifli reevaluationonassumptionsinislamiceconomicsapreliminarystudy AT mohdrosdimohdsyakir reevaluationonassumptionsinislamiceconomicsapreliminarystudy AT abdullahazwan reevaluationonassumptionsinislamiceconomicsapreliminarystudy AT muhamadnasrulhisyamnor reevaluationonassumptionsinislamiceconomicsapreliminarystudy |