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Economics and Islam: Interdisciplinary Insights

Author

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  • Iqbal, Nabeel

Abstract

This conceptual paper takes an interdisciplinary approach to integrate certain fundamental assumptions of Economics and Islam in order to obtain novel and holistic insights about humanity and its experience with religion. We find that certain implications which naturally flow from the most fundamental assumptions of Economics are consistent with Islamic thought. When assumptions of Economics and concepts of Islam are used as premises of a deductive reasoning process, we can make certain interesting deductions or predictions about the future of religion as well as obtain novel, holistic insights. We also check whether these insights are consistent with the existing literature or not.

Suggested Citation

  • Iqbal, Nabeel, 2020. "Economics and Islam: Interdisciplinary Insights," MPRA Paper 118231, University Library of Munich, Germany.
    • Handle: RePEc:pra:mprapa:118231
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    File URL: https://mpra.ub.uni-muenchen.de/118231/1/Economics%20and%20Islam%20-%20Interdisciplinary%20Insights.pdf
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    References listed on IDEAS

    as
    1. Bruno S. Frey, 2018. "Happiness and Religion," SpringerBriefs in Economics, in: Economics of Happiness, chapter 0, pages 59-62, Springer.
    2. Bruno S. Frey, 2018. "Economics of Happiness," SpringerBriefs in Economics, Springer, number 978-3-319-75807-7, October.
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    More about this item

    Keywords

    Economics and Islam; interdisciplinary approach; interdisciplinary insights; religion; humanity; God; deductive reasoning;
    All these keywords.

    JEL classification:

    • Z0 - Other Special Topics - - General

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