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Research in Islamic Economics and Finance: Nature, Quality, and Measurement البحث في الاقتصاد والتمويل الإسلامي: الطبيعة والجودة والقياس

Author

Listed:
  • Munawar Iqbal

    (Former Professor of Economics, Islamic Economics Institute King Abdulaziz University, Jeddah, Saudi Arabia)

Abstract

For any scientist both the quantity and quality of research are essential in his personal career building. However, for any scientific discipline, the quality of research by the scholars belonging to that discipline is much more important. The matter is of critical importance for emerging sciences such as Islamic economics. It is good quality and innovative research by the proponents of new disciplines that gets them a distinct position in the scientific arena not mere aspirations and emotional slogan mongering. There are attributes of good quality research. However, setting objective standards for their measurement is not always straight forward. Every discipline has its own unique features which must be kept in view while developing or applying such standards. Several indicators are in vogue to measure the quality of research and the subsequent prestige and impact of individual scholars and journals. In this paper we argue that the commonly-used indicators are unfair/unsuitable for the discipline of Islamic economics and finance in determining the prestige and impact of an individual scholar or journal. What we call the ‘ISI Hype’ has done more harm than benefit for the research quality and trends in the discipline. We attempt to prove our propositions by giving example from the reality on the ground. Based on our findings, we propose some strategies to correct the situation. بالنسبة لأي باحث، فإن نوعية وعدد البحوث التي يُجريها تُعد من الأهمية بمكان في بناء حياته المهنية. ومع تقرير ذلك، فإن جودة البحوث من قبل الباحثين في أي تخصص علمي، تُعد أكثر أهمية. وتزداد هذه الأهمية بالنسبة للعلوم الناشئة كالاقتصاد الإسلامي، لأن تقديم بحوث نوعية مبتكرة من قبل المُنتمين للتخصصات الجديدة هي التي تمنحهم مكانة متميزة في الفضاءات العلمية، ولنْ يَتأَتَّى ذلك بمجرد التطلعات والأُمنيات والترويج لشعارات عاطفية. إِنَّ للبحث الجيد سِمات واضحة ومعروفة. ومع ذلك، فإن وضع معايير موضوعية لقياس الجودة ليس بالأمر الهَيِّن، لأَنَّ لكل تخصص ميزاته الفريدة التي يَجِب مُراعاتها أثناء تطوير أو تطبيق هذه المعايير. هناك العديد من المؤشرات المعروفة لقياس جودة البحوث والمكانة المكتسبة منها، ومدى تأثير العلماء أو المجلات التي تَنشر تلك الأبحاث. تُناقش الورقة الحالية المؤشرات الشائعة والمُستخدمة على نطاق واسعٍ وهي غير عادلة و/أو غير مناسبة لتخصص الاقتصاد والتمويل الإسلامي -حسب وُجهة نظر مُعد الورقة- في تحديد مكانة ومدى تأثير الباحث أو المجلة في هذا الحقل المعرفي الجديد. إن ما يمكن وَسمه بـ "هَوسِ أو دِعاية ألـ ISI" قد أضر بجودة الأبحاث واتجاهات التخصص أكثر مما أفاد. تُحاول الورقة إثبات ذلك من خلال إعطاء أمثلة من الواقع. بناءً على النتائج التي توصلت إليها الورقة، تم تقديم بعض الاستراتيجيات لتصحيح هذا الوضع.

Suggested Citation

  • Munawar Iqbal, 2021. "Research in Islamic Economics and Finance: Nature, Quality, and Measurement البحث في الاقتصاد والتمويل الإسلامي: الطبيعة والجودة والقياس," Journal of King Abdulaziz University: Islamic Economics, King Abdulaziz University, Islamic Economics Institute., vol. 34(2), pages 121-136, July.
  • Handle: RePEc:abd:kauiea:v:34:y:2021:i:2:no:8:p:121-136
    DOI: 10.4197/Islec.34-2.8
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    References listed on IDEAS

    as
    1. Timur Kuran, 2011. "The Long Divergence: How Islamic Law Held Back the Middle East," Economics Books, Princeton University Press, edition 1, number 9273.
    2. Santo Fortunato, 2014. "Growing time lag threatens Nobels," Nature, Nature, vol. 508(7495), pages 186-186, April.
    3. Munawar Iqbal, 2015. "An Innovative Scheme for Classifying Literature in Islamic Economics and Finance تصنيف إبداعي لتبويب أدبيات الاقتصاد والتمويل الإسلامي," Journal of King Abdulaziz University: Islamic Economics, King Abdulaziz University, Islamic Economics Institute., vol. 28(2), pages 43-74, July.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    Impact factor; ISI; Scopus; Google Scholar; Journal Rank; h-index; g-index. عامل التأثير، ISI ، Scopus ، Google Scholar ، ترتيب المجلة، مؤشر h ، مؤشر g.;
    All these keywords.

    JEL classification:

    • A13 - General Economics and Teaching - - General Economics - - - Relation of Economics to Social Values

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