Islamic Economics as Mesoscience
Islamic Economics as Mesoscience

Author: Masudul Alam Choudhury

Publisher: Springer Nature

Published: 2020-11-24

Total Pages: 250

ISBN-13: 9811560544

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This book presents the building blocks of Islamic economics as meso-science, offering an in-depth study of the Qur’anic worldview of the monotheistic unity of knowledge, which is the universal and unique message of Tawhid in the Qur’an. This primal ontological premise is formalised in an analytical approach that introduces and unpacks the philosophical concepts of ontology, epistemology, and phenomenology in relation to the Tawhidi methodological worldview. The analysis of Qur’anic logical consistency is then cast in a phenomenological perspective by applying the complete model of the unity of knowledge of the Qur’an in a specific study of the Tawhidi methodological approach to Islamic financial-economic theory. In doing so, it tackles the problems of meso-economics given its socio-scientific holism in world affairs. It hones in on the results of the symbiotic modulation of evolutionary learning processes in the world system of the unity of knowledge and its material embedding across knowledge, and knowledge-induced space and time dimensions. The author poses that Shari’ah is only partial in its scope, and excludes an analytical methodological worldview. Shari’ah is thus cast in the midst of a meso-socio-scientific absence of any appertaining methodology. The book is a landmark work in the conceptual and applied understanding of Tawhid as the methodological worldview of the monotheistic unity of knowledge in the meso-socio-scientific realm of ‘everything’, particularised to Islamic economics. Adopting an inter-disciplinary view integrating various fields, it challenges pervasive Western academic and institutional thinking in terms of economics. It will be of interest to students and researchers in Islamic economics, religious theory, Islamic philosophy, development studies, and finance.

Trade Nexus
Trade Nexus

Author: Fouad Sabry

Publisher: One Billion Knowledgeable

Published: 2024-04-20

Total Pages: 191

ISBN-13:

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Who is Trade Nexus Ronald Edsel Findlay was an economist and trade theorist. He served as the Ragnar Nurkse Professor of Economics at Columbia University. How you will benefit (I) Insights about the following: Chapter 1: Ronald Findlay Chapter 2: Economic history Chapter 3: Robert Solow Chapter 4: Chicago school of economics Chapter 5: Fritz Machlup Chapter 6: Marina von Neumann Whitman Chapter 7: Walter Galenson Chapter 8: John Sydenham Furnivall Chapter 9: Pranab Bardhan Chapter 10: Suh Sang-chul Chapter 11: Erik Thorbecke Chapter 12: Hla Myint Chapter 13: U Myint Chapter 14: Padma Desai Chapter 15: Masahiko Aoki Chapter 16: Shang-Jin Wei Chapter 17: William Lazonick Chapter 18: Kevin O'Rourke Chapter 19: Jesse W. Markham Chapter 20: Nathan Nunn Chapter 21: Masudul Alam Choudhury Who this book is for Professionals, undergraduate and graduate students, enthusiasts, hobbyists, and those who want to go beyond basic knowledge or information about Trade Nexus.

Knowledge and the University
Knowledge and the University

Author: Masudul Alam Choudhury

Publisher: Springer Nature

Published: 2021-11-08

Total Pages: 191

ISBN-13: 9811669864

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This book looks at a substantively new model of educational philosophy and its application within the field of tertiary education, in relation to socio-economic development in Southeast Asian members of the Organization of Islamic Conferences (OIC). Focusing on and drawing from the cross-regional South East Asian Cooperation (SEACO), a network promoting regional economic cooperation, the author presents a thoughtful evocation of a new orientation to educational philosophy and policy within the development context in the time of, and relating to, COVID-19. The generalized worldview of Islamic educational and socio-economic development model is laid down in relation to the philosophy of education and an ethical-scientific structure of development in terms of the theory of knowledge (epistemology, episteme). The foundation of scientific thought and a comparative Islamic worldview in understanding the unified reality of ‘everything’ is presented. The objectivity of socio-scientific learning at all levels of educational development is further explained within the context of SEACO and its think tank vis-à-vis a reconstructive perspective in which the Islamic episteme of the unity of knowledge and its substantive methodology is addressed and unpacked. The book is relevant to policymakers and scholarly researchers in Islamic philosophy and development and higher education in Southeast Asia and in the Muslim world and more broadly for the world of learning.

Meta-Science of Tawhid
Meta-Science of Tawhid

Author: Masudul Alam Choudhury

Publisher: Springer

Published: 2019-07-23

Total Pages: 438

ISBN-13: 303021558X

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This book explores the methodological foundation of Islamic thought premised on the cardinal principle of Tawhid, meaning the Oneness of God as the universal law. The consequential methodological worldview arising from the monotheistic unity of knowledge is explained as the theory of consilience, meaning unity of knowledge as the primal ontological reality leading to its epistemological and phenomenological essentials of reasoning and thereby configuring reality. Masudul Alam Choudhury presents a non-mathematical exposition of the theory and applications of Meta-Science of Tawhid, and brings out the essential monotheistic methodological worldview of science.

The Tawhidi Methodological Worldview
The Tawhidi Methodological Worldview

Author: Masudul Alam Choudhury

Publisher: Springer

Published: 2019-07-17

Total Pages: 253

ISBN-13: 9811365857

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This book develops and applies the methodology of Tawhid (“monotheism”) as law and the Sunnah (the teachings of Prophet Muhammad) in the Qur’an in establishing a transdisciplinary foundation for the study of Islamic economics, finance, society, and science. It employs the Tawhidi String Relation (TSR), a new theoretical framework in contemporary Islamic sciences, in the methodological formalisation and application of the Tawhidi worldview - as the primal ontological law of monotheism. It employs a deeply Qur’anic exegesis, and a mathematical, philosophical, and socio-scientific mode of inquiry in deriving, developing, and empirically applying the Qur’anic methodology of “unity of knowledge”. It is the first book of its kind in rigorously studying the true foundation of the Qur’anic concept of ‘everything’ - as the world-system extending between the heavens and Earth. The qur’anic terminology of the precept of this “world-system” in its most comprehensive perspective is A’lameen, the terminology in the Qur’an that accounts for the generality and details of the world-systems that are governed by the method of evaluation of the objective criterion of wellbeing. Wellbeing objective criterion is evaluated subject to inter-causal relations between systemic entities, variables, and functions. The cardinal principle of Tawhid in its relationship with the world-system conveys the corporeal meaning of monotheism in its cognitive implication of abstraction and application. Such a study has not been undertaken in existing Islamic socio-scientific literature in analysing Islamic economics, finance, science, and society collectively, using Tawhidi law as a theoretical framework. This book will be relevant to all such scholars who are interested in studying the monotheistic law and the Islamic principles, particularly Tawhid, Shari’ah, and Islamic philosophical thought.

Economic Doctrines of Islam
Economic Doctrines of Islam

Author: Irfan Ul Haq

Publisher: International Institute of Islamic Thought (IIIT)

Published: 1996

Total Pages: 36

ISBN-13: 156564218X

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In this book Dr. Irfan Ul Haq examines the primary sources of Islam to extract and formalize from them the Islamic economic doctrines as well as the sociopolitical framework which guides the development of society. In particular, emphasis is placed on the problems of poverty, unemployment and lack of human resource development. What the study suggests is that if Islam is properly studied through an idealistic-rational integrated methodology and understood in its spirit and purposes, it reveals a core set of permanent values and principles that form the fixed dimension of Islam which then are applicable to virtually all human situations of society, polity and economy in all space-and-time. It is this in-built dynamism of Islam, demonstrated here with historical examples, that is utilized in approaching and providing solutions to contemporary economic problems and issues. Written for students of social science and economics and students of Islam. Economic Doctrines of Islam nevertheless addresses itself to all such individuals who are interested in seeking divine guidance in the realm of ethical social and economic development of human societies at large.

Introduction to Islamic Economics
Introduction to Islamic Economics

Author: Hossein Askari

Publisher: John Wiley & Sons

Published: 2015-02-16

Total Pages: 416

ISBN-13: 1118732960

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Gain deeper insight into the principles and theory of Islamic economics Introduction to Islamic Economics: Theory and Application provides an overview of the organizing principles and fundamentals of an Islamic economy. With deep discussion of the characteristics, rationale, key institutions, objectives, and instruments at work, the book addresses the core economic principles underlying a system based on the foundational teachings of Islam, and examines the implications for economic policies. Social welfare, economic justice, market functionality, efficiency, and equity are explored from an Islamic perspective, and the role and instruments of fiscal and monetary policy in Islamic systems are used to illustrate contemporary applications. Universities around the globe are offering courses on Islamic economics and finance, but despite the industry's rapid growth, most research has been focused on the financial principles rather than underlying economic principles. The first book of its kind, Introduction to Islamic Economics brings all the key concepts together into one reference volume. By outlining the ways in which Islamic finance and Islamic economics interrelate, this book can help readers to: Develop an understanding of the Islamic economic system and its institutional scaffolding Differentiate between the major characteristics of the dominant conventional economy and one based on the fundamental sources of Islam Understand the conditions that must be met for a just, well-balanced, stable, and growing economy Clarify the role of State, public policy, and risk-sharing in the Islamic financial system The Islamic financial system is expanding quickly, and those looking to increase their relevance in a changing economic landscape must get up to speed. Introduction to Islamic Economics provides a comprehensive overview of underlying economic system offering a deeper understanding of the feature of the system. This book is an excellent complement to Introduction to Islamic Finance, 2E by Iqbal and Mirakhor.

Methodological Dimension Of Islamic Economics
Methodological Dimension Of Islamic Economics

Author: Masudul Alam Choudhury

Publisher: World Scientific

Published: 2019-01-07

Total Pages: 370

ISBN-13: 9813276037

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The theme of circular causation has nascent origin in the field of sociology of economics with vast development applications and with epistemological issues on modeling in the framework of the phenomenon of pervasive interconnectedness. Thus the sociological theme of epistemic unity of knowledge grounds the theory and application of the theory and models of circular causation to the vast realm of socioeconomic development issues.The theory and application of circular causation has methodological similarities with Gunnar Myrdal's theory of social causation and Joseph Schumpeter's and Hayek's learning models of evolutionary phenomena. One can re-engineer many important works by sociological economists in and by the methodology of circular causation. Among these other important works are capabilities and functioning by Amartya Sen; John Rawls' evolutionary good society aspiring for social justice; adaptation of Ilya Prigogine's theory of being and becoming to social, economic and development phenomenon; and George Soros' theory of reflexivity in history and financial markets. The proponent of this book has pioneered the area of theory and application of circular causation extensively.

Islamic Economics and COVID-19
Islamic Economics and COVID-19

Author: Masudul Alam Choudhury

Publisher: Routledge

Published: 2021-01-28

Total Pages: 157

ISBN-13: 1000372901

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This book is a timely exploration of an unprecedented, cataclysmic pandemic episode. It examines certain critical aspects of socio-scientific theory across a variety of diverse themes, and through an epistemic lens. The book investigates the general theory of pandemic episodes and their adverse long-term effects on human and environmental wellbeing. It includes an in-depth study of COVID-19 but also looks to the future to contemplate potential pandemics to come. The existing approach to the study of pandemics is critically examined in terms of the prevalent isolated and thus mutated way of viewing human and mechanical relations in the name of specialization and modernity. The book presents a novel model of science-economy-society moral inclusiveness that forms a distinctive theoretical approach to the issue of normalizing all forms of pandemic challenges. It is methodologically different from existing economic theory, including the critical study of microeconomic foundations of macroeconomics. Human and environmental existence along with its multidisciplinary outlook of unity of knowledge between modernity, traditionalism, and socio-cultural values is emphasized in the treatment and cure of pandemic episodes. The book is a unique reference work, offering fresh wisdom within the moral methodological worldview.