Analysis of information sources in references of the Wikipedia article "Islamic economics" in English language version.
the two models projected by the First and the Second Worlds. Both are basically materialistic, have priorities ... which permit wholesale exploitation. In the West it is the big corporations and cartels and in the Socialist countries it is state capitalism and bureaucracy.
Islamic economics is not a science of political economy. Rather it is a revolution (that is a revolutionary ideology) for changing the corrupt reality and turning it into a pure one. It is clearly not an objective analysis of existing reality.`
Indeed it is worth noting that "Islamic economics" is of modern 20th century origin. Even at the turn of the 19th century, the phrase was not used by major Islamic thinkers. The great philosopher Iqbal, who was inspirational to the movement for Pakistan, did not refer to religion in his treatise on economics. Iqbal's Ilm–ul–Iqtesaad, published in 1902, was notable in its absence of religion in the understanding of the economy. The intellectual father of Islamic economics is Maulana Maudoodi, the scholar whose views have shaped the Jamaat-e-Islami
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Fiqh al-Munakahat: it deals with marriage, divorce, inheritance, guardianship and related matters
The paper argues that the methods used in Fiqh are mainly designed to find out whether or not a certain act is permissible or prohibited. Islamic economics, on the other hand, is a social science. Like any other social science its proper unit of analysis is the society itself.
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The paper argues that the methods used in Fiqh are mainly designed to find out whether or not a certain act is permissible or prohibited. Islamic economics, on the other hand, is a social science. Like any other social science its proper unit of analysis is the society itself.