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Islam And Development Revisited With Evidences From Malaysia

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  • PRAMANIK, ATAUL HUQ

    (Department of Economics, International Islamic University)

Abstract

This study examines the relationship between Islam and development. While examining the theoretical underpinnings behind the goals of development within secular and Islamic worldviews it highlights the misconceptions developed by Western scholars pertaining to compatibility between Islam and development. The focus of this study is to test the relevance of policy practices and institutions to the distribution phase rather than the allocation and production phase. In pursuit of macroeconomic goals the core Islamic values such as development based on justice and compassion, tolerance, sharing and caring, cooperation and peaceful coexistence with others irrespective of belief systems are important. The micro level evidences are also presented to support our observations on the compatibility between Islam and development.

Suggested Citation

  • Pramanik, Ataul Huq, 2002. "Islam And Development Revisited With Evidences From Malaysia," Islamic Economic Studies, The Islamic Research and Training Institute (IRTI), vol. 10, pages 39-74.
    • Handle: RePEc:ris:isecst:0077
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    References listed on IDEAS

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    Cited by:

    1. Budiman, Mochammad Arif, 2016. "The Discourse on Islam and Development: Western and Muslim Scholars’ Opinions," MPRA Paper 81145, University Library of Munich, Germany.
    2. Caturida Meiwanto Doktoralina* & Nor Asariah Ilias & Zakaria Bahari & Waluyo & Jazuli Suryadhi, 2018. "Investment of Zakat Fund in Malaysia," The Journal of Social Sciences Research, Academic Research Publishing Group, pages 710-715:5.
    3. repec:arp:tjssrr:2019:p:999-1004 is not listed on IDEAS

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