IDEAS home Printed from https://ideas.repec.org/a/ukm/jlekon/v55y2021i2p137-144.html
   My bibliography  Save this article

Islamic Economics: Is It A Doctrine or A Science?

Author

Listed:
  • Furqani, Hafas

    (Faculty of Islamic Economics and Business Universitas Islam Negeri Ar-Raniry 23111 Banda Aceh INDONESIA)

Abstract

The paper aims at reviewing the arguments of Islamic economics scholars in clarifying the nature of Islamic economics as a doctrine or a science. This papers attempts to integrate the two perspective of doctrine and scientific dimensions in Islamic economics. This is done by arguing that Islamic economics is developed based on Islamic doctrine on economics and attempts to manifest the doctrine in practical realities. It is found that the practical reality is actually the manifestation of doctrine, and vice versa, hence doctrine must find its foot in the practical realm. Therefore, Islamic economics as a discipline has a root in the Islamic doctrine of economics. It also has a scientific element because it studies the practical realities in the light of doctrine. This would implicate to the extension of the scope of Islamic economics as a science which is not only concern on normative judgments but also in empirical realm.

Suggested Citation

  • Furqani, Hafas, 2021. "Islamic Economics: Is It A Doctrine or A Science?," Jurnal Ekonomi Malaysia, Faculty of Economics and Business, Universiti Kebangsaan Malaysia, vol. 55(2), pages 137-144.
    • Handle: RePEc:ukm:jlekon:v:55:y:2021:i:2:p:137-144
    DOI: http://dx.doi.org/10.17576/JEM-2021-5502-11
    as

    Download full text from publisher

    File URL: http://www.ukm.my/jem/wp-content/uploads/2021/10/jeko_552-11.pdf
    Download Restriction: no
    File URL: https://libkey.io/http://dx.doi.org/10.17576/JEM-2021-5502-11?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    References listed on IDEAS

    as
    1. Fazlur Rahman, 1995. "Islam And The Problem Of Economic Justice," IIUM Journal of Economics and Management, IIUM Journal of Economis and Management, vol. 3(2), pages 15-58, December.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.

      More about this item

      Keywords

      Islamic economics; doctrine; epistemology; realities; science;
      All these keywords.

      JEL classification:

      • A11 - General Economics and Teaching - - General Economics - - - Role of Economics; Role of Economists
      • A12 - General Economics and Teaching - - General Economics - - - Relation of Economics to Other Disciplines
      • A13 - General Economics and Teaching - - General Economics - - - Relation of Economics to Social Values
      • B40 - Schools of Economic Thought and Methodology - - Economic Methodology - - - General
      • Z12 - Other Special Topics - - Cultural Economics - - - Religion

      Statistics

      Access and download statistics

      Corrections

      All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ukm:jlekon:v:55:y:2021:i:2:p:137-144. See general information about how to correct material in RePEc.

      If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

      If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

      If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

      For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Muhammad Asri Abd Ghani (email available below). General contact details of provider: https://edirc.repec.org/data/feukmmy.html .

      Please note that corrections may take a couple of weeks to filter through the various RePEc services.

      IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.